Home Forums Exchange Brokers Discussion Avatrade Nissan to create thousands of jobs in the UK invest in batteries


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    Nissan to announce major expansion of SLOTXO battery capacity in Sunderland to create thousands of new jobs both directly and in the supply chain

    The company, which already produces Leaf electric cars in Sunderland. May announce the launch of a new electric vehicle as well.

    The government contributes to the overall cost of the project. which is estimated to be worth hundreds of millions.The size of government contributions has not been disclosed.

    According to people familiar with the terms, The government has announced a ban on the sale of new gasoline and diesel vehicles from 2030, so it is prepared to support the change.It is hoped that the new plant will be able to produce the batteries in time by 2024,

    when levels of British-made components in British-made cars need to begin to increase in line with the terms of the UK trade deal with the European Union. Big sells cars assembled from Sunderland of Nissan.

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