Nissan launches £1bn EV36Zero initiative

Along with partners Envision AESC, a manufacturer of lithium-ion batteries for EVs, and Sunderland City Council the new initiative will see the launch of a new Nissan EV, the establishment of a battery gigafactory, and the widespread use of low carbon energy from renewable sources and a 1MW battery storage system using second-life Nissan/Envision AESC batteries.

Solar expansion drives Nissan toward carbon neutrality

In a statement, Nissan Motor Corporation President and CEO Makoto Uchida said: "This project comes as part of Nissan's pioneering efforts to achieve carbon neutrality throughout the entire lifecycle of our products.

“Our comprehensive approach includes not only the development and production of EVs, but also the use of on-board batteries as energy storage and their reuse for secondary purposes.

"The experience and know-how gained through the project announced today [July 1, 2021] will be shared globally.”

Nissan will invest up to £423m to produce the new all-electric vehicle, which will be built on the Alliance CMF-EV platform with a forecasted production capacity of up to 100,000 units to be installed.