Nissan commits another $1.4 billion to China with EVs in focus

Nissan has announced an additional investment of 10 billion yuan ($1.4 billion) into China to bolster its electric vehicle efforts amid slowing global sales. CEO Stephen Ma emphasized the company's goal to remain competitive in the market and compete with domestic automakers as he highlighted the importance of adapting to regulatory changes in EV development during a recent news conference at the Shanghai Auto Show. The investment will be finalized by 2026, following a leadership reshuffle that saw Ma take on a key financial role after a significant decline in Nissan's stability.