- Tata Group has announced the opening of a new multi-billion pound electric vehicle battery factory in the UK, marking one of the largest ever investments in the UK automotive sector.
- The investment will create up to 4,000 new direct jobs and thousands more across the wider supply chain, advancing the Prime Minister's priorities for economic growth.
- The new gigafactory will provide almost half of the battery production needed by 2030, with turbocharging needed for Britain's switch to zero-emissions vehicles.
The UK has been chosen as the home for the Tata Group's first mega-factory outside India, which aims to create thousands of jobs and provide a major boost to the UK's automotive sector.
The Tata Group today (July 19) confirmed that the UK has secured the largest ever investment in the British automotive industry. The Gigafactory will secure British-made batteries for Jaguar Land Rover, another Tata Sons investment, as well as other manufacturers in the UK and Europe.
The new Gigafactory will have a capacity of 40GWh, making it one of the largest in Europe. This will create up to 4,000 highly skilled jobs, as well as thousands more in the wider supply chain for battery materials and critical raw material minerals, supporting economic growth and the UK. We can advance our efforts towards net zero.
Chancellor Rishi Sunak said:
The multi-billion pound investment by the Tata Group in a new battery factory in the UK is testament to the strength of our car manufacturing industry and its skilled workforce.
With the global transition to zero-emission vehicles well underway, we will grow the economy by advancing our lead in battery technology while creating up to 4,000 jobs in our supply chain and thousands more. Contribute to
We are extremely proud that the UK has been selected as the home of the Tata Group's first Gigafactory outside India, securing its place as one of the most attractive locations to manufacture electric vehicles.
N. Chandrasekaran, Chairman, Tata Sons, said:
The Tata Group is deeply committed to a sustainable future across its businesses.
Today, we are pleased to announce that the Tata Group will establish one of Europe's largest battery cell manufacturing facilities in the UK. Our multi-billion pound investment will help bring cutting-edge technology to this country and accelerate the transition to electric mobility in the automotive sector, led by our own business, JLR.
With this strategic investment, the Tata Group further strengthens its commitment to the UK, with many companies operating in the UK in the technology, consumer, hospitality, steel, chemical and automotive sectors. Masu.
I would also like to thank Her Majesty's Government for working closely with us to make this investment possible.
The investment of over £4 billion marks a historic moment for the UK's growing electric vehicle industry. The new gigafactory will supply JLR's future battery electric models, including the Range Rover, Defender, Discovery and Jaguar brands, and potentially other car manufacturers as well. Production at the new Gigafactory is scheduled to begin in 2026.
This investment is vital to increasing the UK battery manufacturing capacity needed to support the electric vehicle industry in the long term. With an initial output of 40GWh, it will cover almost half of the battery production that the Faraday Institute estimates the UK will need by 2030.
Kemi Badenoch, Secretary of State for Business and Trade, said:
Today's multi-billion pound investment shows the Government has the right plans for the automotive sector.
We are supporting the UK car industry to support economic growth with the transition to electric vehicles, and this latest investment will secure thousands of highly skilled jobs across the UK. That will be the case.
Tata's decision is a major vote of confidence for the British car industry. The Government is committed to making the UK one of the best places in the world for automotive investment, as evidenced by the Automotive Transformation Fund, the UK Industry Supercharger and our strong support program for research and development.
Treasurer Jeremy Hunt said:
This is a huge vote of confidence for the UK and will drive growth in the UK economy, create thousands of jobs and accelerate the transition to electric vehicles.
Tata Group's Gigafactory builds on the strength of our country's manufacturing industry and signals that we are on the right track, supporting sectors that will support our future prosperity for decades to come. Masu.
Energy Security Secretary Grant Shapps said:
Today's announcement from Tata is great news. We have worked tirelessly with the company and across the government to make the case for why the UK is the best place to invest.
This new gigafactory puts us firmly in the fast lane to becoming the epicenter of the European electric vehicle market and how they think the UK is the place for future growth. You can clearly see if there are any.
With thousands of jobs on site and in the supply chain, the new factory will become a cornerstone of the automotive industry, helping manufacturers develop and expand and customers switching away from gasoline and diesel.
background:
- Details of government support for Tata Sons will be made public in due course as part of regular transparency data.
- The Automotive Transformation Fund (ATF) supports the development of an internationally competitive electric vehicle supply chain in the UK. The investment through ATF will develop a high-value, end-to-end electric vehicle supply chain in the UK. This includes opening up private investment in gigafactories, battery materials supply chains, motors, power electronics and fuel cell systems. ATF is provided through a partnership between the Department of Commerce and Trade and the Center for Advanced Advancement.
- The Advanced Propulsion Center (APC) was established in 2013 by HMG and the Automobile Council to attract private investment into new supply chains for low-carbon vehicles. APC’s late-stage collaborative research and development competition forms a key part of government support for the UK automotive sector’s transition to zero-emission vehicles. The Government and industry have jointly committed approximately £1.4 billion through the APC Competition to accelerate the development and commercialization of strategically important emerging vehicle technologies that strengthen the UK's global competitiveness.
- UK Industry Supercharger: Announced in February 2023, over 300 businesses across the UK will benefit from the UK Industry Supercharger. The UK Industry Supercharger will provide targeted measures to ensure energy costs for the UK's key industries are in line with other major economies around the world, leveling the playing field. This field is for UK companies across Europe. Battery manufacturers are eligible for this support, as are other automotive supply chain sectors such as steel, chemicals, aluminium, rubber, glass and storage batteries.
- For more information on Faraday Institute battery estimates, please visit the Faraday Institute website: https://www.faraday.ac.uk/ev-economics-study-2022/