DETROIT (Reuters) - Nissan Motor Co said on Thursday it will invest $500 million to retool its U.S. assembly plant near Canton, Miss. to build two new electric vehicles, part of the Japanese automaker's $18 billion program to expand its electric vehicle fleet through 2030.
Nissan said it plans to assemble electric vehicles for its Nissan and Infiniti brands in Mississippi starting in 2025. The automaker said it aims to have electric vehicles make up 40% of its U.S. sales by 2030.
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