Key Facts
• On July 6, 2025, Nissan announced plans to collaborate with Foxconn on EVs.
• Nissan’s Oppama plant in Yokosuka, Japan, is being considered for EV production.
• The plant, with a capacity of 240,000 units annually, currently produces only the Note.
• Note sales have been weak, and the plant’s 2024 utilization rate is projected at 40%.
• Foxconn already supplies EVs to Mitsubishi Motors and is negotiating EV bus deals.
• Jun Seki, Foxconn’s Chief EV Strategy Officer, expressed interest in partnering with Nissan.
• The collaboration could secure the Oppama plant’s future, previously under closure review.
• Nissan aims to leverage this partnership to boost its financial recovery.
• Foxconn views the partnership as a way to expand its presence in the Japanese market.
Summary
Nissan is considering a partnership with Taiwan’s Foxconn to produce electric vehicles (EVs) at its Oppama plant in Yokosuka, Japan. This collaboration could save the plant, which has been under review for closure due to low utilization rates and declining sales of the Note model. The plant, with an annual capacity of 240,000 units, currently operates at only 40% efficiency. Foxconn, already supplying EVs to Mitsubishi Motors and negotiating EV bus deals, sees this partnership as a strategic move to strengthen its foothold in Japan. Nissan, facing financial struggles, views the collaboration as a potential boost to its recovery efforts. Jun Seki, Foxconn’s Chief EV Strategy Officer, has expressed enthusiasm for the partnership, which could mark a significant step in expanding EV production and market presence for both companies.
