The European Investment Bank (EIB) has agreed to support production of Nissan’s first electric car to be built in Europe and its first European production of electric vehicle batteries with €220 million.

The 100% electric car Nissan LEAF, the reigning European Car of the Year, will go into production in Sunderland in 2013 with an initial production capacity of around 50,000 vehicles per year.

This EIB funding is also supporting the construction of the Nissan's new Eur...

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