Nissan’s Electrifying Move in Sunderland
On the upcoming Friday agenda, Nissan Motor Co is poised to disclose its strategic move to produce electric variants of the widely acclaimed Qashqai and Juke models at the Sunderland plant in northern England, as per insights from Sky News.
Insider reports hint at a substantial financial commitment from Nissan, reaching into the hundreds of millions of pounds, with an interesting twist—while direct taxpayer funding is off the table, the British government is anticipated to offer crucial guarantees to bolster the initiative.
Revolutionizing the Production Lines
As part of an extensive investment exceeding £1 billion ($1.25 billion), Nissan is set to unveil plans for two cutting-edge electric models rolling off the production lines at the Sunderland facility, according to insider information reported by the Financial Times.
This development aligns with Nissan’s earlier announcement in September, confirming that one of its designated electric vehicle models for the European market would find its manufacturing home at the Sunderland plant.
Although a Nissan spokesperson in Japan refrained from providing comments on the swirling reports, all eyes are on British Prime Minister Rishi Sunak, who is slated for a site visit on Friday for the formal announcement.
Sources from the Financial Times indicate that the unveiling will be orchestrated by none other than Nissan’s Chief Executive, Makoto Uchida.
Read More (EV)
