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Nissan to invest $9 Billion in China in race for EV Dominance

February 5, 2018 by Emily Jackson

(Source: Bloomberg Markets) Nissan Motor Co. intends to spend 1 trillion yen ($9 billion) over five years in China as it vies to become the largest global electrified vehicle maker in the country. The Japanese carmaker aims to raise annual deliveries by 1 million units by 2022, with much of the growth coming from electrified models, Jun Seki, head of Nissan’s China operations, told reporters in Beijing Monday.

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