Japanese company Nissan Motor is set to build a giant electric vehicle battery plant in the UK with a Chinese partner. The corresponding investment is estimated at $ 1.4 billion.
Nissan’s partnership with the Envision Group as global automakers are rushing to secure the supply of batteries, the most expensive component of electric vehicles, amid growing demand for electric vehicles in Europe. Envision this week also announced plans to build a $ 2.4 billion plant in France with Renault, Nissan’s automotive alliance partner.
Called the Nissan EV36Zero, Envision AESC will fund the construction of a 9 GWh plant near its Sunderland plant, which is already supplying batteries for the Nissan Leaf EV. The new plant will produce as many batteries per year as needed for 100,000 Nissan electric vehicles. In the future, the plant can be expanded to 35 GW · due to investments from a Chinese company.
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