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Nissan will invest over $1 billion to make EV versions of its best-selling cars in the UK
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Britain's Prime Minister Rishi Sunak, right and Chancellor of the Exchequer Jeremy Hunt attach a Nissan badge to a car as they visit the car manufacturer Nissan, in Sunderland, England, Friday, Nov. 24, 2023. Nissan will invest more than $1.3 billion to update its factory in northeast England to make electric versions of its two best-selling cars. It's a boost for the British government as it tries to revive the country’s ailing economy. The Japanese automaker manufactures the gasoline-powered Qashqai and smaller Juke crossover vehicles at the factory in Sunderland, which employs 6,000 workers. - photo by Ian Forsyth/Pool Photo via AP
LONDON (AP) — Nissan will invest more than 1 billion pounds ($1.3 billion) to update its factory in northeast England to make electric versions of its two best-selling cars, a boost for the British government as it tries to revive the country's ailing economy. The Japanese automaker manufactures the gasoline-powered Qashqai and smaller Juke crossover vehicles at the factory in Sunderland, which employs 6,000 workers. The company said it's directly investing up to 1.12 billion pounds to produce electric successors to the two models.