Tata Group are set to build their new multibillion-pound electric car battery factory in the UK – which will be 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, massively amplifying Britain’s position in the global EV race and national transition to electrification.
After months of deliberation on where to build the gigafactory – with Britain and Spain as the frontrunners – the Indian conglomerate are set to announce Somerset as their chosen location.
This will be Tata Group’s first gigafactory outside India and will create up to 4,000 new direct jobs, and thousands more in the wider supply chain – driving forward the Prime Minister’s priority to grow the economy.
The gigafactory will secure UK-produced batteries for another Tata Sons investment, Jaguar Land Rover, as well as other manufacturers in the UK and Europe.
Prime Minister, Rishi Sunak, said:
“Tata Group’s multi-billion-pound investment in a new battery factory in the UK is testament to the strength of our car manufacturing industry and its skilled workers.
“With the global transition to zero emission vehicles well underway, this will help grow our economy by driving forward our lead in battery technology whilst creating as many as 4,000 jobs, and thousands more in the supply chain.”
The £4 billion investment will be a historic moment for the UK’s growing electric vehicles industry. Production at the new gigafactory is due to start in 2026.