{"id":6258,"date":"2021-07-01T18:24:58","date_gmt":"2021-07-01T18:24:58","guid":{"rendered":"http:\/\/TheNextWeb=1359010"},"modified":"2021-07-01T18:24:58","modified_gmt":"2021-07-01T18:24:58","slug":"uk-to-get-its-first-battery-gigafactory-as-part-of-nissans-1-4b-investment-plan","status":"publish","type":"post","link":"https:\/\/www.londonchiropracter.com\/?p=6258","title":{"rendered":"UK to get its first battery gigafactory as part of Nissan\u2019s $1.4B investment plan"},"content":{"rendered":"\n
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Japanese car giant Nissan has invested $1.4 billion in an EV hub in the UK, to supercharge its European electric future and give a massive boost to the British automotive industry.<\/span><\/p>\n

The company announced<\/a> today its plan to build a huge battery plant in Sunderland that is said to produce 10,000 vehicles per year, including a new-generation electric crossover.<\/p>\n

Who and how<\/h3>\n

Nissan has partnered up with the Chinese battery tech company Envision AESC and Sunderland City Council on the project. <\/span><\/p>\n

The plant itself will be built by Envision, which will invest $621 million to manufacture what will be the UK\u2019s first gigafactory. Strategically placed next to Nissan\u2019s plant in the same area, it will support the automaker\u2019s battery supply. <\/span><\/p>\n

The new gigafactory will have an initial capacity of 9GWh, but could reach up to 25GWh by 2030 with a potential future $2.5 million investment by Envision.<\/p>\n

Nissan itself will put down $584 million to produce its new EV crossover at its adjacent plant, where it now manufactures its LEAF and the Qashqai crossover SUV. <\/span><\/p>\n

To help the first phase of the project, Sunderland City Council will create a $110 million local energy grid to provide 100% renewable electricity to the site. To that end, the grid will harness power from wind farms, solar parks, and a dedicated energy storage facility made from second-hand electric car batteries.<\/span><\/p>\n

What\u2019s to gain<\/h3>\n

Apart from the 6,200 jobs the project promises to create, the UK has a lot to win from Nissan\u2019s plan. Prime Minister Boris Johnson\u2019s comments are indicative: <\/span><\/p>\n

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Nissan\u2019s announcement to build its new-generation all-electric vehicle in Sunderland, alongside a new gigafactory from Envision-AESC, is a major vote of confidence in the UK and our highly-skilled workers in the North East.<\/span><\/p>\n<\/blockquote>\n

The new gigafactory comes at a critical moment for the UK, which needs to enhance its battery production and supply, if it wishes to remain an investor-friendly option for car companies aiming to export to the rest of Europe.<\/p>\n

Although the EU allows the post-Brexit UK the free trade of cars, there\u2019s a significant catch: at least 40% (rising to 55% in 2027) of the value of parts in a finished car that is exported to the bloc, must be produced in the UK or EU. <\/span><\/p>\n

Given that the battery makes up half of an EV\u2019s price, importing it would mean that the EU market would be off limits, making domestically made batteries the only option.<\/p>\n

Similarly, a UK-based plant immensely benefits Nissan, whose adjacent car factory in Sunderland exports 70% of its units to mainland Europe.<\/p>\n

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Do EVs excite your electrons? Do ebikes get your wheels spinning? Do self-driving cars get you all charged up? <\/span><\/i><\/p>\n

Then you need the weekly SHIFT newsletter in your life. <\/span><\/i>Click here to sign up<\/span><\/i><\/a>.<\/span><\/i><\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Japanese car giant Nissan has invested $1.4 billion in an EV hub in the UK, to supercharge its European electric future and give a massive boost to the British automotive industry. The…<\/p>\n","protected":false},"author":1,"featured_media":6259,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/6258"}],"collection":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6258"}],"version-history":[{"count":0,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/6258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/media\/6259"}],"wp:attachment":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}