Nissan considers producing electric cars for Foxconn

The Nikkei economic daily reported that Nissan Motor is in talks with Taiwan's Foxconn about a possible cooperation in producing electric vehicles to save the Oppama factory in Japan from the risk of closure.

Nissan's Oppama plant in Yokosuka, Tokyo, currently employs about 3,900 workers. The facility was part of a restructuring plan for the struggling Japanese automaker.

However, the idea of producing Foxconn-branded electric vehicles on idled assembly lines here could help preserve jobs for workers as well as the supplier network.

Nissan is expected to post a net loss of 200 billion yen ($1.38 billion) in the second quarter of 2025 due to the impact of US tariff policies.

Nissan is facing difficulties due to declining sales in the US and China, leading to a net loss of 670.90 billion yen in the fiscal year 2024 (ending at the end of March 2025). Previously, the company did not announce a profit forecast for the current fiscal year.

Nissan has announced plans to close seven car factories and cut 20,000 jobs worldwide , and it is also reported that the company is planning to sell the building at its Yokohama headquarters to offset the costs.

vtv.vn

Source: https://baolaocai.vn/nissan-can-nhac-san-xuat-xe-dien-cho-foxconn-post648136.html