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Europe: Nissan Invests 100 Million Euros In Spain Electric Vans

Nissan Motor Co. (7201), Japan’s second- biggest carmaker, said it’s investing 100 million euros ($127 million) at a plant in Barcelona making electric vehicles, creating 700 jobs.

Production of the e-NV200 model starts next year and becomes the second fully electric vehicle produced at the plant, according to an e-mailed statement today from Nissan. Nissan also produces the Leaf electric car and aims to be the biggest producer of light commercial vehicles by 2016.

“The new model will offer all the spaciousness, versatility and practicality of a traditionally powered compact van, but with zero CO2 emissions,” Andy Palmer, executive vice president for Nissan, said in the statement today.
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