Japanese carmaker Nissan and Envision AESC, the battery arm of Shanghai-based green tech company Envision Group, will invest ?1 billion ($1.38 billion) to create a new energy hub in the north-east of England.
Automotive giant Nissan and Envision plan to expand facilities at their carmaking plant at Sunderland, in north-east England, into a new energy hub, they announced on Thursday July 1.The project is named Nissan EV36Zero, and it will include the making of electric vehicles (EVs), renewable energy and battery manufacturing for as many as 100,000 Nissan-branded EVs per year. As part of the project, Envision...