Tata reveals plans to build the UK's biggest EV factory

Tata, the owner of Jaguar Land Rover, is establishing its first gigafactory outside India in Somerset, UK, projected to be the largest in Europe. Set on a brownstone site near Bridgwater, the factory aims to produce 40GWh of battery cells annually, catering to about 500,000 vehicles initially. Battery production is slated to commence in 2026, potentially accounting for half of the UK's automotive battery production by the early 2030s.

The project, costing £4 billion, is expected to create 4,000 jobs with further employment opportunities in the supply chain. Tata's decision to invest in the UK was influenced by government subsidies. The move aligns with the UK's goal to achieve battery independence and bolster its position in the electric vehicle sector amidst global competition, especially from China.

UK Prime Minister Rishi Sunak lauded the investment, emphasising its significance in job creation and advancing the country's clean energy transition. Tata Sons chairman Natarajan Chandrasekaran emphasised the strategic importance of the investment, showcasing Tata Group's commitment to the UK.