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MUMBAI: Tata Sons plans to build a four-billion-pound (about Rs 42,300 crore) electric vehicle battery factory in the UK, which will be its first gigafactory outside India. Last month, it announced plans to establish a Rs 13,000-crore battery manufacturing facility in Gujarat.
The UK plant, which will cater to the requirements of Tata Group company Jaguar Land Rover (JLR), will create up to 4,000 jobs and have an annual output of 40 gigawatt hours. Production at the gigafactory will start in 2026. The factory is expected to be set up in Somerset, South West England, while JLR’s UK plants are near Birmingham, in central England, reflecting the need for batteries to be established near their manufacturing facilities.
The development strengthens Tata Group’s presence in the UK, which it entered in 1907. The conglomerate has a play in IT, beverages, hospitality, automotive, steel andchemicals in the UK.
UK Prime Minister Rishi Sunak said: “Tata Group’s decision. . . is a huge vote of confidence in Britain. This will be one of the largest ever investments in the UK automotive sector. It will not only create thousands of skilled jobs for Britons around the country, but it will also strengthen our lead in the global transition to electric vehicles, helping to grow our economy in clean industries of the future. ”
Tata Group chairman NChandrasekaran said, “Our multi-billion-pound investment will bring state-of-theart technology to the country (UK), helping to power the automotive sector’s transition to electric mobility, anchored by our own business, JLR. ”
The Financial Times reported that Tata Sons has asked for 500 million pounds of state assistance, including subsidies for the factory’s high-energy use, a one-off grant from the government’s 1-billion-pound automotivetransformation fund and road improvements to the site near the M5 motorway.
Tata Sons has routed its UK and Gujarat ventures through its fully-owned arm Agratas Energy Storage Solutions. The Gujarat plant will have a capacity to produce 20 gigawatt hours of cells annually and its anchor customer will be Tata Motors.
The moves are part of Chandrasekaran’s broader plans of making the conglomerate ‘future ready’ by investing in high-tech manufacturing, renewable energy, hydrogen and circular economy.
A June 7 presentation by Agratas, which is led by Thomas Flack, showed that the company plans to go beyond Tata Motors and JLR and cover a wide range of customer segments including two-wheelers, three-wheelers and energy storage companies. According to Agratas, battery production is an energy intensive industry and it will invest in renewable energy farms and partner with existing renewable energy sources for its power requirements.
The UK plant, which will cater to the requirements of Tata Group company Jaguar Land Rover (JLR), will create up to 4,000 jobs and have an annual output of 40 gigawatt hours. Production at the gigafactory will start in 2026. The factory is expected to be set up in Somerset, South West England, while JLR’s UK plants are near Birmingham, in central England, reflecting the need for batteries to be established near their manufacturing facilities.
The development strengthens Tata Group’s presence in the UK, which it entered in 1907. The conglomerate has a play in IT, beverages, hospitality, automotive, steel andchemicals in the UK.
UK Prime Minister Rishi Sunak said: “Tata Group’s decision. . . is a huge vote of confidence in Britain. This will be one of the largest ever investments in the UK automotive sector. It will not only create thousands of skilled jobs for Britons around the country, but it will also strengthen our lead in the global transition to electric vehicles, helping to grow our economy in clean industries of the future. ”
Tata Group chairman NChandrasekaran said, “Our multi-billion-pound investment will bring state-of-theart technology to the country (UK), helping to power the automotive sector’s transition to electric mobility, anchored by our own business, JLR. ”
The Financial Times reported that Tata Sons has asked for 500 million pounds of state assistance, including subsidies for the factory’s high-energy use, a one-off grant from the government’s 1-billion-pound automotivetransformation fund and road improvements to the site near the M5 motorway.
Tata Sons has routed its UK and Gujarat ventures through its fully-owned arm Agratas Energy Storage Solutions. The Gujarat plant will have a capacity to produce 20 gigawatt hours of cells annually and its anchor customer will be Tata Motors.
The moves are part of Chandrasekaran’s broader plans of making the conglomerate ‘future ready’ by investing in high-tech manufacturing, renewable energy, hydrogen and circular economy.
A June 7 presentation by Agratas, which is led by Thomas Flack, showed that the company plans to go beyond Tata Motors and JLR and cover a wide range of customer segments including two-wheelers, three-wheelers and energy storage companies. According to Agratas, battery production is an energy intensive industry and it will invest in renewable energy farms and partner with existing renewable energy sources for its power requirements.
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