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International Business Times UK

Pragati Singh

Nissan Triples Investment in Electric Vehicle Production in the UK, Boosting Economy and Jobs

Nissan United Kingdom electric vehicle Jeremy Hunt Sunderland AESC

The total new investment of £2 billion builds on the £1 billion electric vehicle hub announced by Nissan and its battery partner AESC in 2021 (Credit: Reuters)

Nissan has pledged a staggering £2 billion investment into the UK's electric vehicle (EV) production, igniting a transformative surge in the nation's automotive industry. The investment aims to introduce two new electric vehicle models to be manufactured at their Sunderland plant, marking a pivotal stride towards enhancing sustainable transportation and economic prosperity.

This momentous announcement, made by the Prime Minister, emphasises Nissan's commitment to revolutionise the automotive landscape. The colossal investment, inclusive of £1.12 billion for the production of two EV models, is anticipated to instigate a ripple effect, fostering advancements in infrastructure projects and the supply chain.

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