Nissan Commits £3 Billion To Boost UK EV Production

Nissan has announced plans to invest up to £3 billion ($3.8 billion) into its British electric vehicle (EV) business. The majority of this investment, approximately £2 billion ($2.5 billion), will be directed toward upgrading its Sunderland plant for the production of three new electric models.

The Sunderland facility, a cornerstone of Nissan’s European operations since 1986, will undergo enhancements to enable the production of all-electric versions of their popular Juke and Qashqai models. This investment also includes the establishment of a gigafactory, Nissan’s third battery plant in the UK.

Nissan President and CEO, Makoto Uchida, emphasized the pivotal role of EVs in achieving carbon neutrality, highlighting the Japanese automaker’s dedication to a greener automotive landscape. The £3 billion investment, £1 billion of which was previously announced in 2021, is part of Nissan’s EV36Zero project, aimed at transforming the Sunderland plant into a world-leading EV manufacturing ecosystem.

The Sunderland plant currently has a capacity to build between 425,000 and 450,000 vehicles per year, some of which includes the Nissan Leaf. Nissan has previously announced plans that by 2030, all new cars sold in Europe under their brand will be EVs.

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