Posted on Jul 1, 2021, 11:51 AMUpdated on Jul 1, 2021, 3:33 PM
In the end, Brexit did not get the better of the Nissan plant in Sunderland. Renault’s partner on Thursday announced an investment of £ 1 billion (€ 1.17 billion) to convert the plant in northeast England to the next generation of electric vehicles. More specifically, the Japanese group will invest 450 million pounds in the construction of a battery factory with its Chinese partner Envision-AESC, the same as Renault, as well as 423 million pounds to assemble its next electric crossover. These investments should make it possible to create 6,000 direct and indirect jobs.
“From 2023, we will offer a 100% electric product line, 7 years before the ban on combustion vehicles in the United Kingdom,” said Ashwani Gupta, Nissan’s director of operations, traveling to Sunderland for the occasion.