The carmaker will build its new all-electric model in Sunderland, alongside a massive electric battery plant.
But amidst the euphoria, a few sobering facts. By industry estimates, the UK is currently on course to have less than a tenth of the battery production capacity of Germany by 2025. From 2024, under the terms of the UK-EU Brexit deal, the percentage of components required to be sourced within the UK or EU begins to rise if UK-assembled cars are to avoid tariffs when exported to the EU – where most Nissans are sold. If you don’t have a battery industry, you won’t have a car industry.