India's Tata will build a $5-billion new electric car battery factory in the UK
India’s Tata Sons has confirmed plans to build a 4-billion-pound, or $5.2-billion, electric car battery factory in the U.K. The plant is expected to become one of Europe’s largest battery cell manufacturing sites when it begins production in 2026
LONDON (AP) — India's Tata Sons plans to build a 4-billion-pound ($5.2 billion) electric car battery factory in the U.K., the conglomerate said Wednesday. The plant is expected to become one of Europe's largest battery cell manufacturing sites when it begins production in 2026.
Britain's government said the new factory, the largest investment in the U.K. automotive industry in decades, will create 4,000 jobs directly and thousands more in supply chains.
The plant is expected to produce about 40 gigawatt hours of battery cells every year, enough to provide half the U.K.'s electric vehicle batteries, Energy Security Secretary Grant Shapps said.
“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.
