10:00 | Nissan cancels $1.1 billion plant in Japan, prepares for massive layoffs (E-News)Nissan Motor has unexpectedly scrapped plans to build an electric vehicle battery plant on the island of Kyushu, Japan. The $1.1 billion project, which was supposed to be a major investment in the country’s domestic market, has now been officially canceled, citing a lower than expected investment performance.
The plant was to be located in Kitakyushu, Fukuoka Prefecture, and would specialize in ... |