US Edition
Nissan Considers Foxconn EV Output to Save Oppama From Closure, Nikkei Says
YOKOSUKA, KANAGAWA PREFECTURE, JAPAN, JUL 6 – Nissan aims to preserve about 3,900 jobs at its Oppama plant by partnering with Foxconn to boost electric vehicle production and lower costs amid restructuring.
- Nissan Motor Co. is in talks with Foxconn to produce electric vehicles at Nissan's Oppama plant in Yokosuka as of July 2025.
- The discussions respond to Nissan's plan to reduce global plants from 17 to 10 amid low utilization at Oppama, which ran at 40 percent last year.
- Foxconn, which has expanded its EV business and supplies Mitsubishi Motors, aims to use the Oppama facility to boost output, preserve jobs, and cut costs.
- The Oppama plant produces 240,000 units annually but requires 80 percent utilization to break even; closing it risks layoffs and supply chain disruptions.
- A partnership could sustain Oppama’s operations and ease Nissan’s restructuring challenges, though some Nissan staff hold reservations and supply chain benefits remain unclear.
Insights by Ground AI
Does this summary seem wrong?
30 Articles
30 Articles
ThePatriotLight - Nissan to sell ¥150 billion of convertible bonds to fund turnaround
ThePatriotLight - Nissan plans to sell ¥150 billion ($1.04 billion) of convertible bonds to help fund new chief executive officer Ivan Espinosa’s turnaround of the ailing automaker. The proceeds will be used for investment in new products and technologies such as electrification and software-defined vehicles, the Japanese carmaker said in a statement Monday. The company, which is facing a a huge loan repayment wall next year, is seeking to raise…
Coverage Details
Total News Sources30
Leaning Left2Leaning Right7Center6Last UpdatedBias Distribution47% Right
Bias Distribution
- 47% of the sources lean Right
47% Right
13%
C 40%
R 47%
Factuality
To view factuality data please Upgrade to Premium
