Nissan Pledges £2 Billion to Expand UK Electric-Vehicle Hub (3)

Nissan Motor Co. will significantly ramp up electric-vehicle production in the UK with a £2 billion ($2.5 billion) investment at its Sunderland site in a boon to the country’s car industry.

The Japanese carmaker will set up another battery factory and produce electric versions of the popular Qashqai and Juke models at Britain’s largest carmaking hub, it said Friday. Nissan will provide £1.1 billion directly, with the remainder expected to come from partners for the cell and power grid update.

UK Prime Minister Rishi Sunak, whose government is providing aid, said the plans represent a “massive vote of confidence ...