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Electric car to save Nissan jobs Electric car to save Nissan jobs
(about 8 hours later)
Nissan is expected to announce a major investment in its car-making plant in Sunderland later, which could secure the future of at least 4,000 jobs. Nissan is to announce that its Wearside factory will build a new generation of electric cars - which could secure the future of at least 4,000 jobs.
The Wearside facility has beaten off competition from other Nissan factories in Europe to build a brand new generation of electric cars. The plant, near Sunderland, has beaten off competition from other Nissan factories in Europe for the investment.
The £380m project will be supported by the European Investment Bank and aided in part by government grants.The £380m project will be supported by the European Investment Bank and aided in part by government grants.
Last week Toyota said it would start making its new Auris hybrid vehicle at its Derbyshire plant from mid-2010.
Competition
Business Secretary Lord Mandelson plans a "green revolution" in the north east.Business Secretary Lord Mandelson plans a "green revolution" in the north east.
He will visit the Sunderland plant and address some of the company's 4,000 workers about plans to create a "low-carbon economic area" in the region, including a research and development centre and technology park. He will visit the factory and address some of the company's 4,000 workers about plans to create a "low-carbon economic area" in the region, including a research and development centre and technology park.
Rival decision Earlier this year, the government set aside £2.3bn to support Britain's ailing car industry - but nothing has yet been paid out.
Earlier this year, the government set aside £2.3bn to support Britain's ailing car industry - but not a penny has been paid out. However, Japanese car giant Nissan could be one of the first beneficiaries as it announces the new type of electric car that is to be made at its existing Sunderland premises, which opened in 1986.
However, Japanese car giant Nissan could be one of the first beneficiaries as it announces the new type of electric car is to be made at its existing Sunderland premises, which opened in 1986.
The plant saw off competition from a rival Nissan factory in Barcelona to build a car based on a prototype called Nuvu.The plant saw off competition from a rival Nissan factory in Barcelona to build a car based on a prototype called Nuvu.
The expected announcement from Nissan will come only days after its Japanese rival Toyota said it would be manufacturing the new Auris hybrid petrol-electric vehicle at its plant in in Burnaston, Derbyshire. The expected announcement from Nissan will come only days after its Japanese rival Toyota said it would start manufacturing the new Auris hybrid petrol-electric vehicle at its plant in Burnaston, Derbyshire from mid-2010.