© Reuters. FILE PHOTO: A Nissan logo is seen in a vehicle during the press day at the Los Angeles Auto Show in Los Angeles, California, U.S. November 17, 2022. REUTERS/Mike Blake
TOKYO (Reuters) – Nissan (OTC:) Motor Co Ltd plans to establish a second battery plant in the United States to help the Japanese automaker meet requirements for the Inflation Reduction Act, Chief Operating Officer Ashwani Gupta said on Monday.
Gupta made the comment during briefing about Nissan’s electrification strategy. The company aims to raise its global share of electric vehicles sales to more than 55% by 2030 from a previous forcast of 50%.