Hyperdrive
Nissan’s Chinese Battery Partner Plans U.K. Project ‘Very Soon’
- Carmaker said to upgrade existing battery site with Envision
- Chinese supplier expanding in Europe after Renault deal
Newly manufactured automobiles at the Nissan Motor Co. plant in Sunderland, U.K.
Photographer: Ian Forsyth/BloombergThis article is for subscribers only.
Nissan Motor Co.’s Chinese battery partner plans a U.K. project “very soon,” according to its chief executive officer, amid expectations that the Japanese carmaker will forge ahead with expansion plans in Britain.
Nissan may announce an agreement with Envision Group to upgrade a battery factory in Sunderland, England as soon as this week, according to a person familiar with the matter. The project is part of a revamp of the automaker’s U.K. electric-car strategy, said the person, who asked not to be identified as the plans are still confidential.