Nissan announces plans to build a gigafactory for EV batteries in the UK


An employee assembles parts on the passenger doors of new Nissan automobiles as they travel along the production line at the Nissan motor vehicle assembly plant in Sunderland, UK

Chris Ratcliffe | Bloomberg | Getty Images

Nissan on Thursday announced plans to build a £ 1 billion ($ 1.38 billion) gigafactory in Sunderland, UK, to significantly boost the country’s electric vehicle plans.

The Japanese automaker said it launched the project, called the Nissan EV36Zero, with Envision AESC, a battery technology company, and Sunderland City Council.

Nissan, which has been manufacturing in Sunderland for 35 years, said the hub would create 1,650 new jobs: 900 at Nissan and 750 at Envision AESC.

So-called gigafactories – a term coined by Tesla CEO Elon Musk – are systems that manufacture batteries for electric vehicles on a large scale.

This is a development story and will be updated shortly.