Financial Times FT.com

Nissan battery plants for UK and Portugal

By John Reed, Motor Industry Correspondent

Published: July 20 2009 11:00 | Last updated: July 21 2009 04:32

Nissan is to build plants in the UK and Portugal to make lithium-ion batteries for electric vehicles in one of the biggest investments by a carmaker since the industry entered the downturn last year.

The Japanese carmaker said it would invest more than £200m ($330m) in a battery production facility employing 350 people in Sunderland, north-east England, and a €250m ($355m) factory employing 200 in Portugal, where it is studying several possible sites.

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