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Nissan invests $1.4B in the UK with battery plant and new EV

Japanese car giant Nissan has invested $1.4 billion in an EV hub in the UK, to supercharge its European electric future and give a massive boost to the British automotive industry.

The company announced today its plan to build a huge battery plant in Sunderland that is said to produce 10,000 vehicles per year, including a new-generation electric crossover.

Who and how

Nissan has partnered up with the Chinese battery tech company Envision AESC and Sunderland City Council on the project.

The plant itself will be built by Envision, which will invest $621 million to manufacture what will be the UK’s first gigafactory. Strategically placed next to Nissan’s plant in the same area, it will support the automaker’s battery supply. 

The new gigafactory will have an initial capacity of 9GWh, but could reach up to 25GWh by 2030 with a potential future $2.5 million investment by Envision.

Nissan itself will

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