MUMBAI: Tata Group on July 19 announced its plans to build a £4 billion (about Rs 42,500 crore) battery cell giga factory in the United Kingdom. Tata Motors and its British subsidiary Jaguar Land Rover (JLR) will be anchor customers for the plant capable of providing 40 gigbytes of power annually.
The new plant is expected to be built in Somerset, south-west England and production is due to start in 2026. The factory could supply roughly half a million vehicles per year depending on the size of the batteries.
British Prime Minister Rishi Sunak hailed Tata Group’s announcement as a “huge vote of confidence” for the country’s automotive industry and economy. “We can be incredibly proud that Britain has been chosen as home to Tata Group’s first giga factory outside India,” he added.
“Tata Group will set up one of Europe’s largest battery cell manufacturing facilities in the UK,” Tata Sons chairman N Chandrasekaran said in a press statement.
