- Nissan posts a thriller quarter: $4.5B loss, 20K jobs cut, 7 plant closings & a U-turn on its $1.1B Kyushu EV battery. CEO Espinosa’s Re:Nissan plan tackles cost cuts, a weak EV range & a Wuhan shutdown by 2026. Can Godzilla roar again? #AutoIndustry #Restructuring #EVTransitionMay 13, 2025 13:35