Nissan Motor's EV Ariya Faces Production Struggles: Report

  • Nissan Motor Co Ltd's NSANY electric vehicle Ariya is reportedly facing problems in its high-tech production line.
  • The problem is likely to slow Ariya's delivery, which was supposedly aimed to put the automaker on the road to a comeback, reported Reuters.
  • Launched in 2020, the crossover was Nissan's first all-new global car in five years, the report specified.
  • The production problem is a lost opportunity to benefit from the car's launch buzz and to turn the corner on the commotion that followed the exit of Nissan's former head, Carlos Ghosn.
  • Also ReadNissan Bumps Up Global EV Targets - What's On The Cards Now?
  • Ariya production had faced challenges regarding the supply of semiconductors, disruptions in components shipments, and the factory's paint line, the report added.
  • Also ReadNissan, Renault Invest $600M To Produce Six New Models In India
  • Price Action: NSANY shares are trading lower by 2.64% at $7.75 on the last check Friday.
  • Photo Via Company
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsMediaGeneralBriefsEurasia
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!