Nissan invests billions in transforming UK plant for EVs

AutoExec Summary: Nissan is investing £3 billion ($5.8bn) in its Sunderland factory to enhance production of the all-new Leaf electric vehicle and next-generation Juke and Qashqai SUVs. This investment supports the EV360 initiative, aiming to launch 16 electrified vehicles by March 2027. The Sunderland plant, operational since 1986, is Europe’s most efficient, producing 11 million cars to date. Nissan plans to modernise its US and Japanese facilities and aims for cost parity between EVs and internal combustion engine models by 2030.

Brands mentioned: Nissan, Renault, Mitsubishi