Nissan Commits £1 Billion Investment in Sunderland for Electric Qashqai and Juke Models

Japanese auto giant Nissan is set to invest over £1 billion in the UK to build electric models of its popular Qashqai and Juke vehicles, according to the Financial Times. The move, which is expected to be announced tomorrow at Nissan’s Sunderland factory, has reportedly been supported by financial aid from the UK government. This investment will help secure approximately 6,000 jobs at Nissan’s largest European facility and solidify the company’s commitment to electric vehicle production. The UK government has been actively supporting the transition to electric vehicles as part of its strategy to become a leader in the sector. However, recent policy adjustments have delayed the ban on petrol and diesel cars until 2035. Despite the challenges posed by Brexit and the need to ensure a significant percentage of vehicle parts originate from the UK or the EU to avoid customs duties, Nissan remains dedicated to its operations in Sunderland. By investing in electric vehicle production, Nissan aims to contribute to the country’s efforts to reduce carbon emissions and establish a prominent role in the growing electric car market.