
Nissan evaluating plans to set up a Gigafactory in India
Japanese manufacturer Nissan recently announced an investment of $1.38 billion for EVs in the UK. The company seems to be carrying out feasibility tests for a factory in India as well. Ashwani Gupta, CEO, Nissan India stated that the carmaker is conducting a feasibility study to produce Electric Vehicles in India for Indian as well as international markets, along with a battery manufacturing ‘Gigafactory’. With manufacturers focussing on Electric technologies, EVs will soon become commonplace in India.