Tata Group, the company that owns Jaguar Land Rover, has decided to build a new electric vehicle battery plant in the United Kingdom. This plant will supply batteries for future battery-electric JLR models under the Range Rover, Defender, Discovery, and Jaguar brands. According to the firm, the factory entails a 4 billion pound ($5.2 billion) investment.
A brief about Tata Group selects the UK for its new EV battery facility
British Prime Minister Rishi Sunak said in a statement that Tata Group’s multibillion-pound investment in a new battery factory in the UK “is testament to the strength of our car manufacturing industry and its skilled workers.”
Up to 4,000 employment would be generated by the factory, according to the government, with additional jobs in the supply chain anticipated.
With the transition to zero-emission vehicles already under way globally, PM Sunak said that “this will help grow our economy by driving forward our lead in battery technology while creating as many as 4,000 jobs, and thousands more in the supply chain.”
The Indian Group had been exploring Spain in addition to the UK for its new manufacturing. According to Tata Sons Chairman N Chandrasekaran, the Group is firmly committed to a sustainable future for all of its businesses.
“Our multi-billion-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,” he said.
Chandrasekaran further noted that the Tata Group’s commitment to the UK has grown stronger as a result of the strategic investment.
With automakers depending on large batteries being produced close to their car manufacturing, Britain is racing to catch up in the battle to build local electric vehicle (EV) battery capacity.
The investment will be essential to increasing UK battery manufacturing capacity, which is required to sustain the long-term needs of the electric vehicle sector. It will also offer nearly half of the battery production that the Faraday Institution predicts the UK will need by 2030, with an initial output of 40GWh.
