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£1bn secured for new Sunderland gigafactory in government-backed deal

by Natalie Middleton
12 May 2025

AESC, Nissan’s EV battery partner, has secured a £1bn investment package for its new gigafactory in Sunderland with the help of a government-backed deal.

UK News

AESC secures £200m funding for new Sunderland gigafactory

by Natalie Middleton
30 January 2024

EV battery maker AESC has secured a £200m loan from the UK Infrastructure Bank to support the development of its North East Gigafactory.

International News UK News

Nissan agrees to sell electric battery business

by Jonathan Musk
15 August 2017

Nissan has announced that it has entered into a definitive sale and purchase agreement with private investment fund GSR Capital (GSR) for the sale of Nissan’s electric battery operations and production facilities.

£1bn secured for new Sunderland gigafactory in government-backed deal

AESC secures £200m funding for new Sunderland gigafactory

Nissan agrees to sell electric battery business

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