{"id":131940,"date":"2021-07-13T10:14:26","date_gmt":"2021-07-13T10:14:26","guid":{"rendered":"https:\/\/precoinnews.com\/?p=131940"},"modified":"2021-07-13T10:14:26","modified_gmt":"2021-07-13T10:14:26","slug":"nissan-announces-plans-to-build-ev-battery-gigafactory-in-uk","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/business\/nissan-announces-plans-to-build-ev-battery-gigafactory-in-uk\/","title":{"rendered":"Nissan announces plans to build EV battery &#x27;gigafactory&#x27; in UK"},"content":{"rendered":"<ul>\n<li>Nissan on Thursday announced plans to build a \u00a31 billion ($1.38 billion) gigafactory in Sunderland, U.K.<\/li>\n<li>The move is a major boost to the country&#x27;s electric vehicle plans.<\/li>\n<li>The project is being dubbed Nissan EV36Zero.<\/li>\n<\/ul>\n<p>In this article<\/p>\n<ul>\n<li><span>TSLA<\/span><\/li>\n<li><span>RNO-FR<\/span><\/li>\n<li><span>VOW3-DE<\/span><\/li>\n<li><span>7201.T-JP<\/span><\/li>\n<\/ul>\n<p>Nissan on Thursday announced plans to build a \u00a31 billion ($1.38 billion) &quot;gigafactory&quot; in Sunderland, U.K, in a major boost to the country&#x27;s electric vehicle plans.<\/p>\n<p>The Japanese automaker said it was launching the project \u2014 dubbed Nissan EV36Zero \u2014 along with Envision AESC, a battery technology company, and Sunderland City Council.<\/p>\n<p>Nissan, which has been manufacturing in Sunderland for 35 years, said 1,650 new jobs would be created at the hub: 900 at Nissan and 750 at Envision AESC.<\/p>\n<p>Speaking to CNBC&#x27;s &quot;Squawk Box Europe&quot; on Thursday, Nissan&#x27;s Chief Operating Officer Ashwani Gupta said the move demonstrated &quot;our roadmap to \u2026 carbon neutrality.&quot;<\/p>\n<p>So-called gigafactories \u2014 a term coined by Tesla CEO Elon Musk \u2014 are facilities that produce batteries for electric vehicles on a large scale.<\/p>\n<p>Nissan joins a number of other major automotive firms attempting to focus on the development of batteries for electric cars.<\/p>\n<p>Earlier this week, French automaker Renault announced it had signed &quot;two major partnerships&quot; related to the design and production of electric vehicle batteries.<\/p>\n<p>Back in March, Germany&#x27;s Volkswagen announced it was aiming to establish several gigafactories in Europe by the end of the decade.<\/p>\n<h2>Chip shortage<\/h2>\n<p>While his discussion with CNBC focused on Thursday&#x27;s announcement, the global chip shortage is a reminder that the autos sector, like many others, is still facing some headwinds.<\/p>\n<p>Gupta acknowledged the situation around semiconductors had been a &quot;challenge, not only for Nissan but for all the automotive manufacturers.&quot;<\/p>\n<p>&quot;But let me say that, post pandemic, this is [the] new normal, because we plan our supply chain based on predictable scenarios, and this is [an] unpredictable scenario.&quot;<\/p>\n<p>Nissan had started to work on its digital supply chain system, he added, and how to improve its forecast for better planning.<\/p>\n<p>Gupta was nevertheless bullish about his company&#x27;s prospects going forward. &quot;We are launching our new products as planned: We said we would launch 12 products in 18 months and we are,&quot; he said.<\/p>\n<p>He went on to add: &quot;So, although we are doing a minor production adjustment \u2026 on the other side it&#x27;s a good problem for us to solve, which is: Not how to sell the car but it is more how to make the car. So we have a good problem to solve, and we are solving it and we will solve it.&quot;<\/p>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/07\/01\/nissan-announces-plans-to-build-ev-battery-gigafactory-in-uk.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nissan on Thursday announced plans to build<\/p>\n","protected":false},"author":3,"featured_media":131939,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23051],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nissan announces plans to build EV battery &#x27;gigafactory&#x27; in UK - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/business\/nissan-announces-plans-to-build-ev-battery-gigafactory-in-uk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nissan announces plans to build EV battery &#x27;gigafactory&#x27; 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