Nissan to invest 468 million Euros for Leaf electric car production in UK

Posted on Mar 18, 2010 by
Nissan plans to mass market the Leaf electric car from 2012

plans to mass market the Leaf from 2012

Nissan will invest 468 million Euros in its plant in Sunderland, UK to manufacture Leaf electric car.

Nissan also said that construction of its advanced lithium-ion battery plant, announced last year, will begin this April. The facility, which will be located at Sunderland, will have a production capacity of 60,000 units a year and will start manufacturing batteries in 2012 for both Nissan and its Alliance partner Renault.

The production of and the batteries represents a total investment of more than 420 million GBP (468.2 million Euros) in the Sunderland Plant and is expected to maintain about 2,250 jobs at Nissan and across the UK supply chain. The investment will be supported by a 20.7 million GBP (23.1 million Euros) Grant for Business Investment (GBI) from the UK Government and a proposed finance package from the European Investment Bank of up to 220 million Euros (197.3 million GBP).

Futuristic interior of the Nissan Leaf electric car

Futuristic interior of the Nissan Leaf electric car

Production of Nissan LEAF will begin in Oppama, Japan later this year followed by Smyrna, Tennessee, USA in 2012. Sunderland will come on-line in early 2013 with an initial annual production capacity of about 50,000 units. The three production sites will support the sales launch of the model, which begins in late 2010 in Japan, the United States and selected European markets, ahead of global mass marketing from 2012.

No plans for the Leaf electric car launch in Middle East have been announced yet.

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