![NISSAN WILL INVEST $1.4 BILLION TO MAKE EV VERSIONS OF ITS BEST-SELLING CARS AT ITS UK FACTORY](https://cdn.magzter.com/1406567956/1701297558/articles/H4yZa90yj1701450316899/NISSAN-WILL-INVEST-14-BILLION-TO-MAKE-EV-VERSIONS-OF-ITS-BESTSELLING-CARS-AT-ITS-UK-FACTORY.jpg)
The Japanese automaker manufactures the gasoline or gas-hybrid Qashqai and smaller Juke crossover vehicles at the factory in Sunderland, which employs 6,000 workers.
Nissan Motor Co. said it’s directly investing up to 1.12 billion pounds ($1.4 billion) to produce electric successors to the two models. The money also will enable “wider investment in infrastructure projects and the supply chain, including a new gigafactory” for EV batteries at the site, the government said in a separate press release.
“Nissan’s investment is a massive vote of confidence in the U.K.’s automotive industry,” which contributes 71 billion pounds a year to the economy, Prime Minister Rishi Sunak said.
Sunak visited the factory for the announcement, posing for photos with Treasury chief Jeremy Hunt in front of a blue Qashqai on the assembly line, meeting workers and getting a tour from plant staff. The day before, Hunt announced tax cuts and other budget priorities ahead of a national election next year, coming as economic growth is weak in the U.K. and still-high inflation is squeezing consumers.
Diese Geschichte stammt aus der December 02, 2023-Ausgabe von Techlife News.
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Diese Geschichte stammt aus der December 02, 2023-Ausgabe von Techlife News.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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