Nissan to invest $1.4 billion to build two new EV models in Britain
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Nissan said on Friday it will invest 1.12 billion pounds ($1.4 billion) to build electric versions of two popular crossover models at its UK plant in a fresh boost for Britain's auto industry amid the switch to electric vehicles.
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24 Nov 2023
The Japanese automaker said its plans for electric versions of the Qashqai and Juke — which are currently produced at the Sunderland plant — will require an investment of up to 2 billion pounds in a third battery plant in the UK and infrastructure projects.
Nissan did not provide additional details on those investments.
Japan's third-biggest automaker said it would announce the names of the new EV models and timings for production launches at a later date.
«With electric versions of our core European models on the way, we are accelerating towards a new era for Nissan,» CEO Makoto Uchida said in a statement.
Nissan has made its electric Leaf model in Sunderland for years and will continue to do so.
The automaker also announced a $1.4 billion investment in 2021 to build a second, 9 gigawatt-hour (GWh) battery plant in
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