Tata Sons plans to build a 4-billion-pound electric car battery factory in the U.K
Tata Sons, an Indian company, announced plans to establish a 4-billion-pound ($5.2 billion) electric vehicle battery factory in the United Kingdom. When it enters production in 2026, the factory is planned to become one of Europe’s largest battery cell manufacturing locations.
The British government stated that the new factory, the greatest investment in the automotive sector in decades, will directly generate 4,000 employment and thousands more in the supply chain.
As stated by Energy Security Secretary Grant Shapps, the factory would generate roughly 40 gigawatt hours of battery cells each year, enough to supply half of the UK’s electric car batteries.
“Our multibillion-pound investment will bring state-of-the-art technology to the country, helping to power the automotive sector’s transition to electric mobility, anchored by our own business, JLR (Jaguar Land Rover),” Tata Sons chairman Natarajan Chandrasekaran said. The new factory will also provide batteries to other brands in addition to JLR.
The British government allegedly offered large financial incentives to entice the industrial behemoth to invest in the nation, but authorities declined to comment, citing commercially sensitive information.
Stellantis, which owns Vauxhall, Peugeot, and other European car companies, warned in May that the Brexit deal’s changes to trade ties would make it difficult to manufacture electric vehicles in the UK.
The manufacturer informed Parliament that it would face 10% tariffs when exporting electric vehicles to Europe and that it was critical to “reinforce the competitiveness of the U.K. by establishing battery production.”
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