It has been announced that India-based Tata Group will invest a £4 billion electric vehicle battery factory in the UK.
Tata Group’s electric vehicle battery factory investment will be one of the largest investments in the UK’s automotive sector, according to a statement from the British Prime Minister’s Office and the Ministry of Commerce.
While the factory investment is expected to create 4,000 direct jobs, it is calculated that the factory will meet half of the battery production needed until 2030.
Tata Group’s £4 billion investment in the UK is the company’s first major investment outside India. In addition, the capacity of the factory is expected to be one of the largest electric vehicle battery factories in Europe with 40 gigawatt-hours.
The factory, which will start production in 2026, will supply JLR’s electric vehicle battery models, including the Range Rover, Defender, Discovery and Jaguar brands.
British Prime Minister Rishi Sunak, in his assessment on the subject, stated that Tata Group’s investment will contribute to strengthening the country’s economy, creating employment and the transition to zero emission vehicles, “After the selection of the UK to host the first giant factory of Tata Group outside India and the electric vehicle We are very proud that it has cemented our position as one of the most attractive locations for production.” used the phrase.
Natarajan Chandrasekaran, Chairman of Tata Sons, noted that Tata Group will establish one of the largest battery cell manufacturing investments in Europe in the UK, and that this is a strategic investment.