News > Tata to invest Rs 42,500 crore to build EV battery plant in UK
Tata to invest Rs 42,500 crore to build EV battery plant in UK
19/07/2023 03:24 PM | Click to read full article
Tata Group announced an investment of £4 billion pounds in setting up a flagship factory to make batteries for Jaguar Land Rover as well as other manufacturers. Tata Sons, owner of JLR, chose Bridgwater in Somerset in southwest England for the gigafactory over a rival location in Spain. The gigafactory, at 40GWh, will be one of the largest in Europe and Tata's first outside of India. Production at the new gigafactory is due to start in 2026.
