India\u2019s oldest conglomerate, Tata Group, is planning to set up electric vehicle cell-manufacturing operations in Europe as it tries to accelerate its British marque unit\u2019s shift to battery-powered cars.<\/p>\n
Jaguar Land Rover and Tata Motors will be the anchor customers for the facility, which will also sell battery cells to the wider market, Tata Motors Chief Financial Officer P.B. Balaji said in an interview at the India Auto Expo taking place this week on the outskirts of New Delhi.<\/p>\n
\u201cWe are well covered on the production plans for batteries, but we will require some cell capacity coming into Europe,\u201d Balaji said.<\/p>\n
Tata is finalizing plans and will announce details soon, he said, declining to disclose the location of the facility and a time frame. There will be a \u201clot of investments,\u201d Balaji said, without elaborating.<\/p>\n
The \u201cintellectual property-heavy\u201d facility will produce two cell chemistries \u2014 lithium iron phosphate for Tata Motors\u2019 EVs and nickel manganese cobalt for the Indian automaker as well as Jaguar Land Rover, Balaji said.<\/p>\n
The plan should help the company better control critical parts of the supply chain, which has faced disruptions globally during the Covid pandemic. Tata Motors and Jaguar Land Rover benefit from being a part of larger ecosystem, the CFO said.<\/p>\n
The UK Car Industry\u2019s Prospects Are Going From Bad to Worse<\/p>\n
Jaguar Land Rover is based in the UK, where the car industry has struggled in the aftermath of Brexit and in making the switch to EVs. The country has failed to attract much investment in large-scale cell facilities, beyond one owned by China\u2019s Envision Group.<\/p>\n","protected":false},"excerpt":{"rendered":"
India\u2019s oldest conglomerate, Tata Group, is planning to set up electric vehicle cell-manufacturing operations in Europe as it tries to accelerate its British marque unit\u2019s shift to battery-powered cars. Jaguar Land Rover and Tata Motors will be the anchor customers for the facility, which will also sell battery cells to the wider market, Tata Motors Chief Financial Officer P.B. Balaji said in an interview at the India Auto Expo taking place this week on the outskirts of New Delhi. \u201cWe are well covered on the production plans for batteries, but we will require some cell capacity coming into Europe,\u201d Balaji […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-547172","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/547172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=547172"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/547172\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=547172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=547172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=547172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}