{"id":592405,"date":"2023-07-21T10:12:41","date_gmt":"2023-07-21T04:42:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=592405"},"modified":"2023-07-21T11:37:34","modified_gmt":"2023-07-21T06:07:34","slug":"tatas-5-2-bn-ev-battery-project-in-britain-shouldnt-be-underestimated","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tatas-5-2-bn-ev-battery-project-in-britain-shouldnt-be-underestimated\/","title":{"rendered":"Tata&#8217;s $5.2 bn EV battery project in Britain shouldn&#8217;t be underestimated"},"content":{"rendered":"<p>British government officials describe Tata Group\u2019s decision to build an electric-car battery factory in the UK as a \u201cmajor vote of confidence\u201d and a huge boost for the country\u2019s auto industry, saying it will create thousands of jobs and help drive economic growth. For once, the hype may be partly justified. <\/p>\n<p>The significance of the \u00a34 billion ($5.2 billion) project shouldn\u2019t be underestimated, though it is more of a lifeline for domestic carmakers rather than their crowning glory. This was the deal the UK couldn\u2019t afford to lose. Much local media coverage focused on the financial incentives that the government must have offered to win the Indian conglomerate\u2019s favor,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>British government officials describe Tata Group\u2019s decision to build an electric-car battery factory in the UK as a \u201cmajor vote of confidence\u201d and a huge boost for the country\u2019s auto industry, saying it will create thousands of jobs and help drive economic growth. For once, the hype may be partly justified. The significance of the \u00a34 billion ($5.2 billion) project shouldn\u2019t be underestimated, though it is more of a lifeline for domestic carmakers rather than their crowning glory. This was the deal the UK couldn\u2019t afford to lose. Much local media coverage focused on the financial incentives that the government [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-592405","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/592405","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=592405"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/592405\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=592405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=592405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=592405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}