Nissan has officially abandoned its $500 million plan to establish an electric vehicle (EV) production line at its Canton assembly plant in Mississippi. The decision comes as the company shifts its focus back to conventional gasoline and hybrid vehicles due to declining EV sales in the US and changes in market conditions. Originally, under its 'Ambition 2030' initiative announced in 2021, Nissan aimed to retool the Canton facility to manufacture EVs and batteries, with a target of selling 200,000 EVs in the US by 2028. However, the elimination of the $7,500 federal tax credit and a lack of consumer interest led to a reevaluation of these plans. The company has already canceled several EV models, including the Ariya electric crossover, and will now produce a new body-on-frame Xterra, along with other models, at the Canton plant. This trend is not isolated, as other US automakers like Ford and GM are also reducing their EV initiatives in favor of hybrid and internal combustion engine (ICE) vehicles. Meanwhile, EV sales continue to rise in regions like Asia and Europe, driven by high gas prices linked to geopolitical tensions.