Nissan to create thousands of UK jobs in battery investment

The firm, which already makes the Leaf electric car in Sunderland, may also announce the launch of a brand new electric model.

The government is contributing to the overall cost of the project, which is expected to cost hundreds of millions.

The size of the government contribution has not been disclosed.

As a person familiar with the deal put it, the government announced a ban on the sale of new petrol and diesel cars from 2030, so it was prepared to support the transition.

Nissan faces $220m hit from Japanese recall

Nissan shares fell by 5% on Monday after the firm said the recall could cost about 25bn yen (£167m; $220m).

The vehicles were produced in the past three years for the domestic market and will now undergo re-inspection.

The firm has begun an investigation into why its safety inspections did not meet government standards.

Nissan chief executive, Hiroto Saikawa, apologised to customers and said the company regretted any inconvenience caused.

Nissan launches longer-range electric car

The new Leaf will run about 150 miles (240km) on a single charge, about 40 miles more than its previous model, the firm said.

But that still falls short of ranges offered by rivals Tesla and GM.

Other updates include advances in autonomous driving technology and a more modern design.

The Leaf, the world's best-selling electric car, is facing increasing competition in the fast-developing green car market, fuelled in part by tightening emissions standards around the world.


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