Nissan says: we're in the UK for the long term

Nissan said on Thursday that a $1.4 billion investment in a new electric vehicle and battery plant in northern England showed that the Japanese carmaker was dedicated to Britain for at least the next decade.

"We are choosing Sunderland, so it is showing the trust that the company, that the government, that our partner, have with the plant," Guillaume Cartier, Nissan chairman for Africa, Middle East, India, Europe & Oceania, told Reuters.

"This is not one shot, this is not one car, this is the plan and this is for 10 years' engagement," he said.