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May 27, 2021

Nissan reportedly seeking UK help to fund EV gigafactory

Chinese EV battery supplier Envision already runs a factory alongside Nissan's UK car plant in Sunderland, making battery packs for the Leaf EV built there. Now, reportedly, the automaker is seeking UK government help for Envision to build a gigafactory.

By Graeme Roberts

Nissan is understood to be asking the UK government to provide tens of millions of pounds to build a new electric car battery gigafactory in Sunderland, north east England where it currently builds models such as the Leaf EV and the newly electrified redesigned Qashqai medium SUV.

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The Guardian daily said the carmaker hopes to support the construction of a factory, which could produce up to 200,000 batteries a year, to be run by its Chinese battery supplier Envision AESC.

It would open in 2024 and would produce six gigawatt hours of battery capacity a year, far more than Nissan’s existing Sunderland plant, which has a capacity of 1.9GWh.

Tesla’s gigafactory in Nevada produces 35GWh according to the Guardian.

The paper noted Nissan had previously warned a Brexit trade deal which involved tariffs and border checks would jeopardise the future of the Sunderland plant, which employs 6,000 people.

Details of the proposed factory were first reported by the Financial Times, the Guardian added.

Nissan said: “Having established EV [electric vehicle] and battery production in the UK in 2013 for the Leaf, our Sunderland plant has played a pioneering role in developing the electric vehicle market.

“As previously announced, we will continue to electrify our lineup as part of our global journey towards carbon neutrality. However, we have no further plans to announce at this time.”

The announcement about the new factory could come before the UK-hosted Cop26 climate summit later this year, the Guardian speculated.

A spokesman for the UK government Department for Business, Energy and Industrial Strategy told the paper: “We are dedicated to securing gigafactories and continue to work closely with investors and vehicle manufacturers to progress plans to mass produce batteries in the UK.”

Envision already tuns the Leaf battery making factory next door to Nissan’s Sunderland production line.

The UK built Leaf is the best selling electric car in Europe.

Envision said in a statement cited by the Guardian it had no comments to make “at this time”.

Free Report
img

What does the future hold for the US electric vehicles market?

The US Electric Vehicles (EV) market has established itself as one to watch. Despite China maintaining the number one spot, the US holds significant standing as one of the major EV markets, with GlobalData’s whitepaper identifying a strong growth trajectory within the forecast period. This report further analyzes the trends, market drivers, and government incentives set to influence and facilitate the market.   This report also looks beyond the US and touches on environmental concerns set to drive the EV market worldwide.   Want to find out more? This report demonstrates GlobalData Explorer’s sector analysis capabilities, showing how you can:  
  • Get historical and forecast market sizing data, with country specific insight for 22+ of the world’s largest industries
  • Track sector dealmaking activity, to view aggregate volumes, specific deals and top investors for all major deal types in M&A, Capital Raising, and Partnerships
  • Analyze news from GlobalData Explorer’s News Database – enable screening and alerts by industry, company, geography and news sentiment for filtered insight
  • Identify and track the key disruptive trends that are keeping the top digital thought leaders talking through social media analytics
  Consult this report now to find out how you and your company can benefit from our Explorer platform.
by GlobalData
Enter your details here to receive your free Report.

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