2 minute read - 19th July 2023
Tata Group confirms £4bn UK battery gigafactory
Jaguar Land Rover-owner Tata Group has confirmed that it will invest over £4bn in a new UK gigafactory which will create thousands of jobs.
It is set to be one of the largest ever investments in the UK automotive industry today with the gigafactory producing batteries for Jaguar Land Rover as well as other manufacturers in the UK and Europe.
The new gigafactory, at 40GWh, will be one of the largest battery cell manufacturing facilities in Europe. It is also Tata’s first gigafactory outside India.
The plant is expected to create up to 4,000 highly skilled jobs, as well as thousands of further jobs in the wider supply chain for battery materials and critical raw minerals, helping grow the economy and take forward the UK’s commitment to net zero.
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Jaguar Land Rover-owner Tata Group has confirmed that it will invest over £4bn in a new UK gigafactory, creating 4,000 jobs / Picture: Jaguar Land Rover
The government said that Tata’s decision is a major vote of confidence in UK automotive, with it committing to making the UK one of the best places in the world for automotive investment, supported by the Automotive Transformation Fund, the British Industry Supercharger scheme, and the strong programme of support for research and development.
Prime Minister, Rishi Sunak, said: “Tata Group’s multi-billion pound investment in a new battery factory in the UK is testament to the strength of our car manufacturing industry and its skilled workers. With the global transition to zero emission vehicles well underway, this will help grow our economy by driving forward our lead in battery technology whilst creating as many as 4,000 jobs, and thousands more in the supply chain. We can be incredibly proud that Britain has been chosen as home to Tata Group’s first gigafactory outside India, securing our place as one of the most attractive places to build electric vehicles.”
Mr N Chandrasekaran, chairman of Tata Sons, said: “The Tata Group is deeply committed to a sustainable future across our business. Today, I am delighted to announce the Tata Group will be setting up one of Europe’s largest battery cell manufacturing facilities in the UK. Our multi-billion 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. With this strategic investment, the Tata Group further strengthens its commitment to the UK, alongside our many companies operating here across technology, consumer, hospitality, steel, chemicals, and automotive.”