“The Tata Group will build one of Europe’s largest battery cell factories in the UK,” Tata CEO Natarajan Chandrasekaran said.
The new plant, which will be Tata Group’s largest outside India, will be built in Somerset. Word has it that the English city beat out Spain as a candidate for the factory location.
Production at the new factory is expected to begin in 2026. The investment will increase the UK’s battery manufacturing capacity, which is important in the development of electric cars.
The British government plans that the new factory, owned by Tata Group, which owns British carmaker Jaguar Land Rover, will create 4,000 jobs and could produce half of the batteries Britain will need by 2030.
Tata Group announced the big investment project after the British government announced multibillion-euro subsidies for the automotive industry.
Great Britain plans to ban the sale of new cars with pollution-producing diesel and gasoline engines from 2030, so the automotive industry is transitioning to the production of cars with electric engines.
Britain aims to be climate neutral by 2050 to contribute to the fight against climate change.
2023-07-30 05:45:00
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