‘We’ve future-proofed’: how UK’s biggest car factory upgraded for EV revolution
PositiveFinancial Markets
- Nissan has launched production of the third generation of its Leaf electric car at the Sunderland plant, following a significant investment of over £450 million, which includes £300 million directly into the UK. This upgrade enhances the factory's capabilities to support the transition to electric vehicles amid changing targets across Europe.
- This development is crucial for Nissan as it positions the company to meet the growing demand for electric vehicles and reinforces its commitment to the UK automotive industry, particularly in a time of shifting market dynamics.
- The move to electric vehicle production at Sunderland reflects a broader trend in the UK automotive sector, where manufacturers are adapting to new technologies and consumer preferences. While Nissan is making strides in EV production, other companies like Jaguar Land Rover are also showing signs of recovery, indicating a potential stabilization in UK car production.
— via World Pulse Now AI Editorial System
