Nissan will build two electric vehicles at its Mississippi plant


FILE PHOTO: Nissan Motor's logo is displayed during a press preview for the company's new Ariya all-battery SUV at Nissan Pavilion in Yokohama, south of Tokyo, Japan July 14, 2020. REUTERS/Issei Kato/File Photo

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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