Tata picks Britain for £4bn electric car battery plant

Published July 20, 2023
Britain’s Prime Minister Rishi Sunak (C) visits Land Rover on July 19, 2023 in Warwick, central England, for an announcement on an electric car battery factory. — AFP
Britain’s Prime Minister Rishi Sunak (C) visits Land Rover on July 19, 2023 in Warwick, central England, for an announcement on an electric car battery factory. — AFP

LONDON: Indian conglomerate Tata Group announced on Wednesday that it will build a gigafactory in Britain to manufacture batteries, as nations accelerate away from fossil fuel vehicles.

The £4 billion plant in the county of Somerset, southwest England, will be Tata’s first gigafactory outside India.

The UK reportedly beat off competition from Spain for the project, set to create thousands of jobs.

The UK plant will become one of Europe’s largest battery-cell manufacturing sites with a capacity of 40 gigawatt hours, Tata said in a statement.

The announcement was a major boost for Britain’s Conservative Prime Minister Rishi Sunak, coming on the eve of three crucial by-elections in England, including one in Somerset.

“Tata Group will be setting up one of Europe’s largest battery cell manufacturing facilities in the UK,” said its chairman N. Chandrasekaran.

“Our multi-billion-pound investment will bring state-of-the-art technology to the country.”

Production was due to begin in 2026, creating up to 4,000 jobs and thousands more in the wider supply chain. The British government claimed the factory would be a huge boost to the UK’s automotive sector, providing almost half of the battery production the country would require by 2030.

The gigafactory will supply JLR’s future battery electric models including the Range Rover, Defender, Discovery and Jaguar brands, with the potential to also supply other car manufacturers.

“Tata group’s decision to build their new gigafactory here in the UK... is a huge vote of confidence in Britain,” added Sunak.

“This will be one of the largest ever investments in the UK automotive sector.

“It will not only create thousands of skilled jobs for Britons around the country, but it will also strengthen our lead in the global transition to electric vehicles, helping to grow our economy in clean industries of the future.”

Published in Dawn, July 20th, 2023

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...
Islamabad protest
Updated 20 Nov, 2024

Islamabad protest

As Nov 24 draws nearer, both the PTI and the Islamabad administration must remain wary and keep within the limits of reason and the law.
PIA uncertainty
20 Nov, 2024

PIA uncertainty

THE failed attempt to privatise the national flag carrier late last month has led to a fierce debate around the...
T20 disappointment
20 Nov, 2024

T20 disappointment

AFTER experiencing the historic high of the One-day International series triumph against Australia, Pakistan came...