Indian company chose England for a big investment

India’s Tata Group will build an electric vehicle battery factory in the UK to supply Jaguar Land Rover factories.

Under the plan announced by the government and Tata, the company will build the first battery factory outside India, with an investment of £4 billion ($5 billion) in the UK. The company, which wants to provide employment opportunities to up to 4,000 people with this investment, will initially produce 40 gigawatt hours.

British Prime Minister Rishi Sunak and members of the government did not disclose how much financial support was promised for the company to choose the UK over Spain.
According to the BBC, the government will receive hundreds of millions of pounds in support for investment in Tata.

The UK has lagged behind its European rivals when it comes to electric vehicle (EV) battery factories. There are more than 30 factories planned or under construction throughout the European Union. In England, there is only one Nissan plant and another plant under construction belonging to another company.

“Tata Group’s investment in a new UK battery factory is a testament to the growth of the car manufacturing industry and the strength of our skilled workers,” Sunak said.

The new factory is scheduled to be built in the Somerset area of ​​south west England.

According to government officials, the factory will be designed to supply JLR’s future battery electric models, including the Range Rover, Defender, Discovery and Jaguar brands, and will begin mass production in 2026.