India's Tata chooses UK as site for new EV battery plant

Robert Besser
28 May 2023, 13:56 GMT+10

The BBC has reported that Jaguar Land Rover owner Tata Motors is planning to build a multi-billion pound electric car battery plant in the UK
Tata's head will reportedly fly to London next week to finalize the agreement to build the battery factory in Somerset, southwest England, which could employ 9,000 people
A decision by Tata to choose the UK over Spain would represent a major coup for Prime Minister Rishi Sunak, who is under pressure to ensure the country is increasingly attractive to carmakers

LONDON, England: The BBC has reported that Jaguar Land Rover owner Tata Motors is planning to build a multi-billion pound electric car battery plant in the UK, adding that Tata, the Indian conglomerate, would choose the Uk site over Spain.

Tata's head will reportedly fly to London next week to finalize the agreement to build the battery factory in Somerset, southwest England, which could employ 9,000 people, the BBC added.

A decision by Tata to choose the UK over Spain would represent a major coup for Prime Minister Rishi Sunak, who is under pressure to ensure the country is increasingly attractive to carmakers.

Last week, finance minister Jeremy Hunt hinted at potential good news for the UK's EV battery manufacturing sector, stating, "Watch this space."

After major automakers, including Vauxhall owner Stellantis and Ford warned that post-Brexit trade rules risked making car-manufacturing unviable in the UK, Tata's investment would give a boost to the country's car industry.

The UK has fallen behind in the global race to build local battery capacity, threatening the future of its electric vehicle sector, while also facing the risk of tariffs on British cars under post-Brexit rules that will go into force in 2024.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Breaking Property News.

More Information

26 ℃

Mostly Cloudy in Seletar

International Business

Section

Adidas launches newest running shoes costing $500

LONDON, UK: This week, Adidas' newest running shoes, the Adizero Adios Pro Evo 1, went on sale for US$500. Worn ...

Pakistan notifies hike in LPG price by PKR 20 per kg, domestic cylinder price touches PKR 3079

Islamabad [Pakistan], September 30 (ANI): Dealing a further blow to the people already saddled with mounting inflation, Pakistan's Oil and ...

Pakistan: PIA service hit as five aircraft with no engines grounded

Islamabad [Pakistan], September 30 (ANI): Flight services of the Pakistan International Airlines' (PIA) were disrupted after five three Boing 777 ...

RBI extends deadline to exchange Rs 2,000 banknotes till October 7

Mumbai (Maharashtra) [India], September 30 (ANI): The Reserve Bank of India (RBI) has announced an extension of the deadline for ...

IMF Executive Board approves USD 1.3 bn for Morocco under Resilience and Sustainability Facility Arrangement

Washington DC [US], September 30 (ANI/WAM): The International Monetary Fund (IMF) Executive Board approved a Resilience and Sustainability Facility (RSF) ...

World Bank approves USD 365 mn for advancing girls, women empowerment in Western, Central Africa

Washington DC [US], September 30 (ANI/WAM): The World Bank Board of Directors today approved USD 365 million in International Development ...

Construction

Section