Market Chatter: Nissan Scraps UK E-Axle Plant Project Following Weak European EV Sales

MT Newswires Live05-25 08:45

Nissan Motor (TYO:7201) has canceled plans to build a factory in Sunderland for producing e-axles, a key EV component, through its subsidiary Jatco, scaling back its investment after poor sales of electric models in Europe, Nikkei Asia reported Monday.

The facility, announced in 2025 with an annual capacity of 340,000 units and an initial investment of roughly 9 billion yen, was scrapped about a year later, the news daily said.

Nissan currently makes the Leaf EV at Sunderland and plans to produce an electric Juke there starting in 2027, but for now, it will supply e-axles from Japan instead, the publication said.

The automaker's European market share fell to 2.2% in 2025 from 3.9% a decade earlier, as Leaf sales plunged 99% to just 87 units and Ariya sales dropped 44%, the report added.

Nissan did not reply to MTNewswire's query at press time.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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