Nissan To Source More UK Batteries As Part Of Brexit Deal ‘Opportunity’

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Nissan will source more batteries from Britain to avoid tariffs on electric cars after the UK’s trade deal with the EU, which a senior executive told Reuters turned Brexit from a risk into an opportunity for its factory in northeast England.

Chief Operating Officer Ashwani Gupta also said Brexit-related problems at ports since Jan. 1 were “peanuts” for Nissan, which has had to handle COVID-19 and natural disasters.

Following Britain’s departure from the European Union, London and Brussels struck a trade deal on Dec. 24 that avoided major disruption as well as a 10% levy on cars, provided they meet local content rules.

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