Nissan says it will create a new 1.4 billion dollar hub to produce electric vehicles in Britain
The deal is a win for both Nissan and the British government with it being a revamp of Nissans U.K. electric-car strategy and a post-Brexit boost for Prime Minister Boris Johnson.
Nissan will spend as much as 423 million pounds to produce a new all-electric crossover vehicle at its Sunderland plant in the north of England.
Envision a battery supplier of Nissan will invest 450 million pounds in a state-of-the-art powertrain factory.
This comes after Renault recently launched a plan to increase their production of electric EV’s.