Nissan (NSANY) To Invest $1.4 Billion In UK Factory To Produce EVs

Nissan NSANY plans to invest $1.4 billion to upgrade a factory in northeast England to build electric versions of two of its best-selling cars. The investment is expected to boost the country’s struggling economy.

The carmaker currently builds gasoline or gas hybrid Qashqai and Juke crossovers at its factory in Sunderland.

Source: finance.yahoo.com