Nissan is slashing production on its new Leaf EV. Here's why

Core Viewpoint - Nissan Motor has significantly reduced its production plan for the new model of its Leaf electric vehicle by over 50% for the period of September to November due to delays in battery procurement [1] Group 1: Company Impact - The production cut reflects challenges in the supply chain, particularly in securing necessary battery components [1] - This reduction may affect Nissan's market position in the electric vehicle segment, as it limits the availability of the Leaf model during a critical sales period [1] Group 2: Industry Context - The electric vehicle industry is facing ongoing supply chain issues, particularly related to battery materials, which could impact production schedules across multiple manufacturers [1] - Delays in battery procurement are a common challenge in the industry, highlighting the need for improved supply chain management and partnerships [1]