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PRIVACY
Manufacturing

Hopes rise of major job creation as Nissan schedules 'global news announcement'

It is believed the company is set to announcement a major ramping up of electric vehicle battery production in the North East

The Nissan factory in Sunderland(Image: Unknown)

Car manufacturer Nissan is set to announce thousands of new jobs as it outlines plans for increased battery production around its Sunderland plant.

The automotive giant has scheduled a “major global news announcement” at the factory on Thursday, having been saying as recently as Monday that it had “no further plans to announce at this time”.

Reports have been swirling for weeks that the automotive giant was to ramp up its commitment to electric vehicles, with the º£½ÇÊÓÆµ leading the way in the switch away from petrol and diesel cars.

Nissan’s battery partner Envision AESC - which was set up as a joint venture involving Nissan before being sold to its current Chinese owners in 2019 - last year received Government funding to draw up plans for a gigaplant at Sunderland.

Workers on the production line at Nissan's factory in Sunderland(Image: PA)

The need for huge increases in battery production for electric vehicles has come after the º£½ÇÊÓÆµ Government committed to phasing the sale of new petrol and diesel cars by 2030. The terms of the post-Brexit trade agreement also added to the impetus for scaling up battery production in the º£½ÇÊÓÆµ.

Reports suggest that Nissan is set to not only announce increased battery production in Sunderland but potentially a new model of electric vehicle as well. It currently produces the Leaf on Wearside, having made around 200,000 since it first went into production in 2013.

The announcement looks likely to signal a positive future for Nissan and the wider North East automotive sector after a turbulent few years.

The 2016 Brexit referendum vote led to a number of warnings from the company about its future in the º£½ÇÊÓÆµ, while the car sector as a whole suffered from a slump in demand in China and the US, plus turmoil around emissions from diesel cars.