Nissan announced on Friday that it will make a £2 billion investment in its Sunderland facility to manufacture three new EV models.
According to the announcement, Nissan will also build a third battery factory in the United Kingdom. The company mentioned that it would spend up to £1.12 billion to manufacture electric replacements for the Qashqai and Juke models.
Meanwhile, the Chinese group Envision, its battery supplier, is believed to provide the rest of the investment. Today's announcement brings Nissan and Envision's total investment in new electric cars and batteries to £3 billion.