Nissan's JATCO Scraps UK EV Powertrain Plans Following Weak Demand in Europe
JATCO's Cancelled Sunderland EV Powertrain Project
Background and Initial Investment Plans
TOKYO, May 24 (Reuters) - Nissan Motor subsidiary JATCO has scrapped its plan to make electric vehicle (EV) powertrains in Sunderland, Britain, in light of sluggish demand for Nissan's EVs in Europe, the Nikkei business daily reported on Sunday.
In January 2025, JATCO announced a plan to invest 48.7 million pounds ($65.39 million) to make up to 340,000 units a year of EV powertrains that integrate the motor, inverter and reducer at a Sunderland plant for Nissan.
Nissan's Global Sales Challenges
Later that year, however, Nissan, badly damaged by weakening sales in the U.S. and China, said it will cut the number of its auto production plants to 10 from 17 and conduct a review of its powertrain factories.
Company Response and Further Details
No one was immediately available for comment at Nissan outside regular business hours, and a query submitted via JATCO's website has yet to receive a response.
($1 = 0.7448 pounds)
(Reporting by Kiyoshi Takenaka; Editing by Kim Coghill)
