Ed Miliband responds to the announcement of a new Nissan gigafactory

“The plan to build a new gigafactory in Sunderland is good news. Labour called for more gigafactories, and we warmly welcome this announcement from Nissan.

"But Ministers cannot be complacent. Only this week, the SMMT said that the Government was falling behind our competitors and the Faraday Institution estimates we need seven gigafactories by 2040.

"That's why Labour has said we would increase government investment from £400 million to up to £1.5 billion, part-financing three additional gigafactories by 2025.

"We have so much to be proud of in our automotive sector. But government must substantially accelerate and increase support to win the global race for the future of car production."