EGEGazette
Live
Houthis Accuse Saudi Arabia of 28 Airstrikes in 24 Hours; U.S. Intelligence Chief Visits CairoWashington Warns Citizens of Unexpected Escalation in Middle EastIran Says Strait of Hormuz Will Stay Closed Until US Meets Its ConditionsTrump faces dual setback as U.S. courts block voting and immigration restrictionsLawsuit Filed Against Trump and His Company Over Paid Early Access Service to His PostsTrump Renews Bid to Restrict Birthright Citizenship Through Curbing "Birth Tourism"Trump Cuts Camp David Vacation Short Amid Middle East Escalation WarningsReporters From CNN, MS NOW and Politico Denied White House Access After Trump BanFederal Immigration Agent Shoots and Injures Man in Austin, TexasPowerful Explosions Reported in Syria's Aleppo CountrysideSix Pakistani soldiers, including two officers, killed in clash near Afghan borderCalls to Withdraw Secret Military Plan in Saxony-Anhalt Amid Fears of Leaks to Russia
businessReported

Nissan to Invest £170m in New Hybrid SUV at Sunderland Plant, Contingent on EV Mandate Change

Carmaker says production of the Kicks model depends on the UK loosening rules requiring rising sales of electric vehicles

· 1 min read · language: en
Article image
The Guardian — Business

Nissan has announced plans to invest £170m to build a new hybrid SUV, the Kicks, at its factory in Sunderland, according to the Guardian. The company said the investment is contingent on the UK government weakening its electric vehicle sales mandate.

The Sunderland plant, which employs 6,000 people in Tyneside, is Britain's biggest car factory. The Guardian reported that the proposed investment represents Nissan's latest attempt to secure the plant's future.

The UK's electric vehicle sales mandate currently requires manufacturers to sell a rising proportion of electric vehicles each year. Nissan's announcement links the Kicks investment to changes in this policy, though the Guardian report did not specify further details on the exact nature of the requested changes or a timeline for the decision.

The Kicks would be a hybrid model, according to the report. Further details on production timelines, additional investment terms, or government response to Nissan's conditions were not included in the available reporting.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

Also available in: ARFRTRUR

Related articles

Comments

Sign in to join the conversation.

Forgot password?

No account?

Loading comments…