Nissan Motor to Invest Over $2 Billion in EV, Battery Business in U.K.
24 November 2023 - 7:09PM
Dow Jones News
By Ronnie Harui
Nissan Motor plans to invest up to 3 billion pounds ($2.39
billion) in electric vehicles, battery production and
infrastructure in the U.K., it said Friday.
The Japanese automaker said it plans to expand its EV hub in
Sunderland, which will now comprise three gigafactories.
All three of the models made at the U.K. site will be 100%
electric, Nissan said. These include future versions of Nissan's
Qashqai and Juke crossovers, as well as a next-generation Leaf
model, the company said.
Nissan also confirmed that all its new cars in Europe from now
will be fully electric.
Write to Ronnie Harui at ronnie.harui@wsj.com
(END) Dow Jones Newswires
November 24, 2023 02:54 ET (07:54 GMT)
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