EV growth prompts Nissan to spend $250 million on U.S. engine plant

YOKOHAMA, Japan – CEO Makoto Uchida, acknowledging that the market for electric vehicles is expanding faster than he expected, says Nissan Motor Co. will spend $250 million on the Japanese carmaker's U.S. powertrain plant in Decherd, Tenn., to support electrification of its U.S. lineup.