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Tata group to invest over £4 billion in UK Gigafactory

  • Electrification

Tata group has announced that it will invest over £4 billion in a new UK gigafactory - one of the largest ever investments in the UK automotive sector.

The new gigafactory is set to provide almost half of the battery production needed by 2030. It will secure UK-produced batteries for Jaguar Land Rover, as well as other manufacturers in the UK and Europe. The new gigafactory, at 40GWh, will be one of the largest in Europe.

The news that the UK has been chosen as the home of Tata Group’s first gigafactory outside India is a significant boost to the UK economy. It provides much needed confidence to the supply chain, secures a pipeline for thousands of high-skilled jobs in Somerset and across the UK and is an important step on our net-zero journey. The UK is in urgent need of gigafactories if it is to retain a homegrown automotive industry in the new era of electric motoring. This news sends a powerful message that the UK is committed to growing its battery capability and at the MTC we will continue to use our expertise to enable the supply chain to take full advantage of these opportunities.

Dr Graham Hoare OBE, CEO, MTC