Nissan confirms £1.12 billion new investment in UK BEV production
Japanese carmaker Nissan confirmed on Friday its electrification expansion in the UK with a £1.12 billion ($1.4 billion) new investment to build three all-electric models in Sunderland, Kallanish reports.
The plant will manufacture the BEV versions of the Qashqai, Juke and the next-generation Leaf. The future models will be inspired on concept models unveiled earlier – urban, punk and chill-out crossovers and compact crossovers.
The new capital injection takes total investment at the so-called EV36Zero hub in Sunderland to up to £3 billion. It will safeguard 7,000 UK employees and the 30,000 jobs supported in the domestic supply chain, the company says.
The expansion will require a third gigafactory, though specific details on potential capacity are yet to be disclosed. To date, the Sunderland plant is supplied by batteries produced by Envision AESC at an adjacent 2-gigawatt-hour facility. Nissan will have extra battery supply from a second gigafactory Envision will commission with initial production of 11-12 GWh.
Nissan says the additional gigafactory and further investment for infrastructure projects will result in an investment of up to £2 billion, taking total electrification spending to £3 billion.
“Today’s announcement comes as a new Investment Zone (IZ) was confirmed in for North East England,” the company notes, adding it has also been awarded £15 million of funding for a £30m R&D project led by Nissan.
UK business secretary Kemi Badenoch says the investment “shows once again that the government’s plan for the automotive sector is working. The forthcoming Advanced Manufacturing Plan will build on this deal and other recent big investment wins for the UK car industry, helping to support thousands of jobs and drive growth across the UK.”
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