Nissan have announced an almost €500 million in two plants to manufacture batteries for electric vehicles (EV’s) in the UK and Portugal after having secured grants from the respective governments. Nissan will invest more than €230 million in the plant near Sunderland, north east England, creating hundreds of new jobs in the UK’s recession-hit motor industry. Nissan’s investment is expected to create up to 350 direct jobs in Sunderland. Nissan will build a similar plant in Portugal, though the location of this plant has yet to be decided. Each plant would produce 60,000 batteries a year.
[Source: Reuters]