The UK government announced on July 19 that the Tata Group will invest more than £4 billion in establishing a new electric vehicle (EV) battery plant, or gigafactory, in the UK, creating thousands of jobs across the supply chain. British Prime Minister Rishi Sunak described the event as "incredibly proud" for the country's automotive industry and a testament to the strength of the UK car manufacturing industry and its skilled workers.
Tata Motors owns the UK-based luxury carmaker Jaguar Land Rover (JLR), which will be the new gigafactory's anchor customer, with an initial output of 40GWh, making it one of Europe's largest.
Production at the new gigafactory is set to begin in 2026 and is positioned as a key driver of Sunak's priority of growing the UK economy.
"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," Sunak said.
"With the global transition to zero-emission vehicles well underway," he said, "this will help grow our economy by driving forward our lead in battery technology while creating up to 4,000 jobs, with thousands more in the supply chain."