Nissan cuts Smyrna, Tenn. plant costs - Dodge Nitro Forum
Off-Topic Discussion If you have something to discuss that is not related to the Dodge Nitro, post it in here. Keep it work safe!

LinkBack Thread Tools Display Modes
post #1 of 1 (permalink) Old 02-01-2010, 12:54 PM Thread Starter
Super Moderator
rickaren's Avatar
Join Date: Nov 2006
Location: Indiana
Posts: 22,856
Nissan cuts Smyrna, Tenn. plant costs

Nissan trims EV plant price tag, federal loan

Posted on Monday, February 1st, 2010 at 2:33 PM EST.(Employee News)

Nissan North America Inc. has reduced the amount it intends to invest in a new U.S. electric-vehicle assembly line and battery plant by about $200 million, the Automotive News reported.

A spokeswoman for the company said the change is the result of improved efficiencies the company made to its original construction plan, the trade paper said. Spokeswoman Katherine Zachary said the original plan to produce 200,000 lithium ion batteries and 150,000 complete electric vehicles annually is still on target, the Automotive News said.

Nissan originally estimated the cost of the Smyrna, Tenn., project at $2 billion and had applied for $1.6 billion in low-interest loans from the U.S. Department of Energy to pay for 80 percent of the project, the paper said. But the DOE loan was approved last week for $1.44 billion. Zachary said the DOE loan still represents 80 percent of the project’s cost, which puts the total price tag at about $1.8 billion, the story said. (Automotive News)


Nitro Year: 2007 (1 of 91,815 sold in 07)
Nitro Model: R/T 4X4 Stone White
CAT-BACK Exhaust, CAI, Projector Head Lamps
Fully-Equipped w/all factory options
rickaren is offline  
Sponsored Links

  Dodge Nitro Forum > Off-Topic Area > Off-Topic Discussion

Quick Reply

Register Now

In order to be able to post messages on the Dodge Nitro Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Please enter a password for your user account. Note that passwords are case-sensitive.


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode

Similar Threads
Thread Thread Starter Forum Replies Last Post
Toyota saddled with GM venture plant shutdown costs rickaren Chrysler/Dodge/Jeep News 0 11-12-2009 03:00 PM
Tenn. Nissan plant to use methanol to cut costs rickaren Chrysler/Dodge/Jeep News 0 08-26-2009 09:55 AM
GM: cut labor costs 1B rickaren Chrysler/Dodge/Jeep News 0 05-15-2009 10:15 AM
Nissan identifies plant to make small cars for Chrysler rickaren Chrysler/Dodge/Jeep News 1 11-25-2008 01:40 PM
Chrysler cutting costs rickaren Chrysler/Dodge/Jeep News 0 05-17-2008 07:51 AM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

For the best viewing experience please update your browser to Google Chrome