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Nissan expanding in UK

Posted: Thu Jul 01, 2021 8:05 am
by Joeboy

Re: Nissan expanding in UK

Posted: Thu Jul 01, 2021 9:16 am
by dan_b
Good news for the people of Sunderland for sure.
There is a lot of detail not covered in the article - for example it doesn't mention that UK Government has pledged to invest an undisclosed sum into the new factory (rumoured to be as much as £500 million), but that also Nissan is not the company actually investing in the battery plant. That's a group called Envision AESC, who have also just announced a battery factory investment partnered with Renault in Douai, France...

Re: Nissan expanding in UK

Posted: Thu Jul 01, 2021 10:30 am
by Joeboy
Just business I suppose. Gotta have incentives, think back pre Brexit and Nissan were saying they'd pull out of uk if Brexit went ahead. I'm sure that was used as a lever by Nissan for this expansion.