The UK’s bid to become a leader in low carbon industries has been given a boost today with Nissan choosing its Sunderland plant to produce its electric LEAF model in Europe and Ford choosing the UK for production of environmentally friendly engines.
Together, the announcements entail almost £2bn of private investment into UK automotive with £400m in grants and loan guarantees from government. The news follows last week’s news from General Motors of a £1.7bn investment in its European operations with £300m in loan guarantees from Whitehall. Nissan will produce around 50,000 LEAFs per year at the…
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