Nissan Considers Foxconn EV Output to Save Oppama From Closure, Nikkei Says
- Nissan is in talks with Taiwanese electronics giant Foxconn to produce electric vehicles at its Oppama plant in Yokosuka as part of a possible partnership.
- This discussion arises amid Nissan's global restructuring and earlier closure plans for Oppama caused by financial difficulties and falling plant utilization.
- Oppama, operating since 1961 with a 240,000 vehicle capacity, ran at 40% utilization last year due to Nissan's declining global sales and tariff-related profit losses.
- A source confirmed the talks could help preserve the plant’s 3,900 jobs and reverse closure plans, while Foxconn aims to expand EV production in Japan.
- The collaboration may boost Nissan's restructuring efforts by improving plant use and easing local government concerns about Oppama's future.
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Nissan considers Foxconn EV output to save Oppama from closure, Nikkei says
Nissan Motor is in discussions with Taiwan's Foxconn over electric vehicle collaboration that could save its Oppama plant in Japan from closure, the Nikkei business daily reported on Sunday, citing an unidentified Nissan source.
Can Foxconn save Nissan's struggling Oppama plant despite Japan govt's concerns? Talks on
Oppama, one of Nissan's key domestic plants since 1961, has an annual production capacity of 240,000 vehicles. However, its utilisation rate fell to just 40 per cent last year, well below the 80 per cent typically required to break even
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- 56% of the sources are Center
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