Nissan Motor's EV Ariya Faces Production Struggles: Report

Shivani Kumaresan

Fri, Mar 10, 2023, 1:09 PM1 min read

In this article:

Nissan Motor Co Ltd's (OTC: 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 Read: Nissan 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 Read: Nissan, 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.
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This article Nissan Motor's EV Ariya Faces Production Struggles: Report originally appeared on Benzinga.com

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Nissan Motor's EV Ariya Faces Production Struggles: Report

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