SUNDERLAND, U.K. — Nissan Motor on Friday announced it will make an additional investment of up to 2 billion pounds ($2.5 billion) in its British EV business, with most of the money directed to the production of three new electric vehicle models at the automaker’s Sunderland plant.
The investment also is to be used to build a “gigafactory,” a giant battery factory that is to be Nissan’s third battery plant in the U.K.