Japanese car giant Nissan is to build a new electric model and huge battery plant in the UK in a massive boost to the automotive industry.
More than 1,600 jobs will be created in Sunderland and an estimated 4,500 in supply companies under an investment of £1billion.
More than £420million will be invested in building a new-generation all-electric vehicle, which is yet to be named.
A new £450million ‘gigafactory’ will be built alongside the plant, making batteries for up to 100,000 vehicles per year.
Nissan had previously warned its Sunderland site ‘will not be sustainable’ if there was no Brexit deal, as excessive customs checks on overseas supplies risked slowing production right down.
It is the biggest plant in the UK, employing 6,000 workers and supporting up to 24,000 in the supply chain.
This is a breaking news story – more to follow.
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