Nissan gets $1.6 billion load to develop EVs

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Nissan Sport Editor
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Joined: Tue Aug 22, 2006 7:02 am
Car: 2005 Infiniti G35x, 2008 Infiniti EX35
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Ford, Tesla, and Nissan all got "pre approved" the other day by the US Government for huge loans to develop EVs. Nissan got $1.6 billion, a chunk of which will be used to redevelop the Smyrna plant to produce electric vehicles. Look for them to be rolling off the assembly line here in the US in 2-3 years. The first EVs will be made in Japan.


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