£1bn secured for new Sunderland gigafactory in government-backed deal
- 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.
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.
JLR owner Tata Group has confirmed that its Agratas global battery business will build an EV battery gigafactory near Bridgwater, Somerset.
Nissan is to transform its Sunderland plant into a flagship Electric Vehicle Hub that will build its new-generation electric crossover and encompass a new gigafactory.
Renault Group is to become a shareholder in Verkor, supporting the French industrial company’s plans to develop and manufacture high-performance battery cells.
Volvo and Swedish battery company Northvolt are to build a European gigafactory under a new partnership to develop and produce electric vehicle batteries.