Japanese auto giant Nissan will invest up to \u00a31.12 billion to build electric models of two best-selling cars in Sunderland, northeast England, supporting thousands of jobs, it said Friday.<\/p>\n
The carmaker will plough the cash into electric versions of its best-selling Juke and Qashqai models in Sunderland, which is its largest factory in Europe and employs around 6,000 people.<\/p>\n
“Nissan’s latest investment includes up to \u00a31.12 billion ($1.4 billion) into its UK operations and wider supply chain for R&D (research and development) and manufacturing of the two new models announced today,” it said in a statement.<\/p>\n
The news will spark further investment in infrastructure projects and the broader supply chain, including a new electric car battery factory, which could bring the total investment up to \u00a32 billion.<\/p>\n
“Exciting, electric vehicles are at the heart of our plans to achieve carbon neutrality,” said Nissan President and CEO Makoto Uchida.<\/p>\n
“With electric versions of our core European models on the way, we are accelerating towards a new era for Nissan, for industry and for our customers.”<\/p>\n
The news comes as Britain looks to take a leading role in the production of electric cars as companies and governments accelerate away from fossil-fuel vehicles.<\/p>\n
“Nissan’s investment is a massive vote of confidence in the UK’s automotive industry, which already contributes a massive \u00a371 billion a year to our economy,” said British Prime Minister Rishi Sunak, who will attend a formal announcement at the site later on Friday.<\/p>\n
“This venture will no doubt secure Sunderland’s future as the UK’s Silicon Valley for electric vehicle innovation and manufacturing.<\/p>\n
“Making the UK the best place to do business is at the heart of our economic plan.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Japanese auto giant Nissan will invest up to \u00a31.12 billion to build electric models of two best-selling cars in Sunderland, northeast England, supporting thousands of jobs, it said Friday. The carmaker will plough the cash into electric versions of its best-selling Juke and Qashqai models in Sunderland, which is its largest factory in Europe and employs around 6,000 people. “Nissan’s latest investment includes up to \u00a31.12 billion ($1.4 billion) into its UK operations and wider supply chain for R&D (research and development) and manufacturing of the two new models announced today,” it said in a statement. The news will spark […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-619326","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/619326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=619326"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/619326\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=619326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=619326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=619326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}