Tata chooses UK for $5 billion Jaguar Land Rover gigafactory
LONDON: Tata Group will build an electric vehicle battery plant in Britain to supply its Jaguar Land Rover factories, delivering a major boost for a UK car industry in need of domestic battery production to help secure its future.
The announcement marks Britain’s biggest move in the car gigafactory space as it seeks to keep up with the United States and European Union in the race to develop green industries.
Tata said on Wednesday it would build its first gigafactory outside of India in Britain with an investment of 4 billion pounds ($5.2 billion), creating up to 4,000 jobs and producing an initial output of 40 gigawatt hours.
