Industry News
BIS: Nissan will produce their electric car, the LEAF, in Sunderland and the Government is to commit £20.7m under the Grant for Business Investment scheme for both the production of the car and the new battery plant at Sunderland. This will support total investment of over £420m by Nissan in their UK operations.
Nissan has plans to make up to 50,000 vehicles and 60,000 batteries a year, which will help to safeguard & create over 550 highly skilled jobs at the Sunderland plant.
In addition, the Government also said it is to support Ford's £1.5bn investment in creating a new generation of environmentally friendly engines. The Government will provide £380m in loan guarantees towards 6 Ford projects through its Automotive Assistance Programme (AAP).
Press release ~ One North East: Grant for Business Investment scheme ~ Automotive Assistance Programme (AAP) ~ One North East: Low Carbon Economic Area (LCEA) ~ Plugged in Places programme ~ DfT; Plugged-In Places ~ Low Carbon Transition news ~ Industrial Development Advisory Board (IDAB) ~ Solutions for Business ~ Related TfL press release
