Nissan is considering canada to invest in its supply chain
• Essentially, the company wants to be more self-sufficient and reduce the distances between its factories and its components suppliers.The problems experienced for a little over a year with the supply chain have made automakers realize one thing: you're only as good as your own efforts! As a result, many are looking for solutions to become more self-sufficient.
At the Automotive News Canada 2023 conference held in Toronto as part of this year's returning auto show, Jeremie Papin, Nissan's president of the Americas, said the company is looking to invest in its electric vehicle supply chain in Canada. "Canada is Nissan's fifth largest market, and we are fully committed to the country," said Jeremie Papin during his speech in Toronto.
In Bécancour, Quebec, a $500 million cathode manufacturing plant is being built in a partnership between General Motors and Posco Chemical. The new facility will supply batteries for use in GM's future electric vehicles.
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