Nissan to build major vehicle battery plant in Sunderland

Tesla gigafactory shutterstock

Gigafactory could cost around £1.7bn

Nissan is on the brink of announcing plans to build a giant battery plant in Sunderland, it has been reported.

The Japanese car manufacturer is in the final stages of talks to build the ‘gigafactory’, which is expected to be up and running by 2024 and could make at least 200,000 batteries for electric vehicles each year.

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