Nissan bets big on UK with EV battery plant and new crossover

[cwerdna]

Nissan bets on UK 'renaissance' with battery plant and new vehicle

Nissan Motor Co (7201.T) bet on Britain to supercharge its European electric future on Thursday, pledging $1.4 billion with its Chinese partner to build a giant battery plant that will power 100,000 vehicles a year including a new crossover model.

www.reuters.com

Summary

Nissan to build new EV crossover in UK
Partner Envision to build 9GWh battery plant
Plant will make batteries for 100,000 vehicles a year
Johnson hails vote of confidence in post-Brexit UK

 

[mark95476]

I wonder what incentives they were promised. Nissan is probably one of the weakest auto OEMs out there.

Nissan bets on UK 'renaissance' with battery plant and new vehicle

Nissan Motor Co (7201.T) bet on Britain to supercharge its European electric future on Thursday, pledging $1.4 billion with its Chinese partner to build a giant battery plant that will power 100,000 vehicles a year including a new crossover model.

www.reuters.com