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Nissan to cover partners' costs even if their EV parts go unused

Automaker strives to court quality suppliers and fend off competitors

Nissan is making a move to fend off emerging EV makers from China and elsewhere that are boosting their market presence with budget models. (Source photos by Kosuke Imamura and Tomoki Mera)

TOKYO -- Nissan Motor plans to compensate parts makers that join with it in developing electric vehicles so as to share burdens and deepen collaborative relationships, Nikkei has learned.

The Japanese automaker will bear the suppliers' costs when they miss an order or postpone development, aligning itself with a global trend as emerging EV makers from China and elsewhere boost their market presence with budget models.

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