News that Nissan will produce their electric car, the LEAF, in Sunderland has been welcomed by the United Kingdom (UK) Business Secretary Lord Mandelson.
The Government is to commit £20.7 million 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 £420 million 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 and create over 550 highly skilled jobs at the Sunderland plant.
The Business Secretary announced the government investment for Nissan as one of the company’s top executives demonstrated the advanced technology of the car at the Department’s offices in London.
Lord Mandelson said:
“This investment is a fantastic vote of confidence in the Sunderland plant and its excellent workforce.
“The automotive sector is of key importance to the UK. It supports R&D, technological innovation, skills and a supply chain that’s a mainstay of the wider manufacturing sector.
“Today’s news from Nissan, with support from government, shows that by working together we can achieve our aim of making the UK a world-leader in ultra-low carbon vehicles.”
Andy Palmer, senior Vice President responsible for Nissan’s global electric vehicle strategy, said:
“The world is at the dawn of a new era in automotive transport. Nissan LEAF, which will go on sale later this year, is a five-seater hatchback that offers the same space, practicality and performance of a similar car in its class – minus the tailpipe emissions.”
“Thanks to the UK’s firm commitment to a low carbon future in terms of infrastructure, customer incentives and educational programs, Nissan LEAF will be built at Sunderland, making the UK the third country in the world to produce this revolutionary car.”
Earlier today the Government also said it is to support Ford’s £1.5 billion investment in creating a new generation of environmentally friendly engines. The Government will provide £360 million in loan guarantees towards six Ford projects through its Automotive Assistance Programme (AAP).
Ford’s plans will safeguard around 2.800 highly skilled jobs in the UK at its manufacturing plants in Dagenham, Southampton and Bridgend in south Wales as well as its research and development center at Dunton in Essex.
Source: Department for Business, Innovation and Skills
Net News Publisher for World News
Related articles by Zemanta
- UK Government Announces Loan Guarantee Fund for General Motors Europe (netnewspublisher.com)
- U.K. Introduces New, Greener Regulations for Producers of Industrial And Automotive Batteries (netnewspublisher.com)
- Last Chance to Take Part in U.K. Government Scrappage Scheme (netnewspublisher.com)
