Nissan unit scraps plan to make EV powertrains in UK, Nikkei says Reuters
This development likely stems from a re-evaluation of manufacturing strategies due to evolving market conditions, supply chain dynamics, or profitability concerns in the UK.
It indicates potential challenges in the UK's appeal for automotive EV manufacturing investment and could suggest broader shifts in global EV production allocations.
Nissan's EV powertrain production for the UK market will not occur domestically, impacting local job creation and the UK's EV industrial ambition.
- · Nissan's existing EV powertrain manufacturing sites outside the UK
- · Countries with more favorable EV manufacturing environments
- · UK automotive manufacturing sector
- · UK government's EV industrial strategy
- · British workers seeking jobs in EV manufacturing
Nissan will source EV powertrains for its UK-made vehicles from existing facilities elsewhere, potentially increasing import reliance.
This could deter other automotive manufacturers from investing heavily in new EV production capacity within the UK.
The UK's long-term goal of becoming a major EV manufacturing hub might face significant headwinds, impacting its economic transition and carbon reduction targets.
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Read at Reuters — Technology (Google News)