Tata Group to construct £4 Billion EV Battery Gigafactory in the UK

Tata Group to construct £4 Billion EV Battery Gigafactory in the UK

By In Industry News On 4th August 2023

Tata Group recently announced plans for a new multibillion-pound electric car battery factory constructed in the United Kingdom, marking one of the biggest investments made so far in the UK automotive sector.

This investment is expected to generate up to 4,000 direct job opportunities, as well as thousands more in the broader supply chain, aligning with the UK Prime Minister’s goal of boosting economic growth.

The establishment of this new gigafactory is expected to significantly contribute to the UK’s push towards zero-emissions vehicles by providing nearly half of the required battery production by 2030.

The gigafactory will secure UK-produced batteries for another Tata Sons investment, Jaguar Land Rover, as well as other manufacturers in the UK and Europe.

The gigafactory, with a capacity of 40GWh, will be among the largest in Europe, creating not only 4,000 highly skilled jobs but also triggering additional job opportunities in the battery materials and raw materials supply, contributing to the economy and reinforcing the UK’s commitment to achieving net zero emissions.

Unlock further insights at GOV.UK

Source: [Tata Group to invest over £4 billion in UK gigafactory creating thousands of jobs, Department for Business and Trade, Prime Minister's Office, 10 Downing Street, The Rt Hon Kemi Badenoch MP, and The Rt Hon Rishi Sunak MP, 2023]. This information is licensed under the terms of the Open Government Licence v3.0

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