Nissan to invest up to $2.5bn more in U.K. for EV and battery production

Gigafactory to mark Japanese automaker's third British battery plant

20231124 Nissan Leaf

A Nissan Leaf being built in the U.K.: Nissan plans to upgrade its Sunderland auto factory so it will be able to produce three electric vehicle models. (Photo courtesy of Nissan Motor)

SOTARO YUMAE, Nikkei staff writer

SUNDERLAND, U.K. -- Nissan Motor on Friday announced it will make an additional investment of up to 2 billion pounds ($2.5 billion) in its British EV business, with most of the money directed to the production of three new electric vehicle models at the automaker's Sunderland plant.

The investment also is to be used to build a "gigafactory," a giant battery factory that is to be Nissan's third battery plant in the U.K.

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