JATCO Shelves Sunderland EV Powertrain Investment as Demand Softens in Europe
JATCO, a subsidiary of Nissan Motor, has abandoned a previously announced plan to manufacture integrated electric vehicle powertrains at the Sunderland facility in the United Kingdom. The decision follows softer-than-expected demand for Nissan's EVs in Europe and comes after Nissan launched a broad restructuring aimed at cutting costs and boosting …