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Nissan Halts $500 M Mississippi EV Plan, Shifts to Existing Models

5/5/2026

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Story summary
  • Nissan scrapped its $500 million electric-vehicle rollout at its Canton, Mississippi plant after federal incentives ended.
  • Nissan will boost production of existing models at the Canton plant.
  • The move follows the end of federal purchase incentives that have lowered U.S. EV demand.
  • General Motors and Ford are also reviewing their EV strategies as demand shifts.
  • The Canton facility remains one of Mississippi’s major plants and part of Nissan’s U.S. operations.