India’s Tata Sons, which owns the giant conglomerate that includes local automaker Tata Motors, plans to build a battery factory for electric cars in the UK. The facility is expected to be one of Europe’s largest battery manufacturing facilities when completed by 2026.
In total, Tata Sons will invest approximately SEK 50 billion in the plant. The annual production capacity will be 40 gigawatt-hours annually, which is equivalent to the batteries of half a million electric cars.
Both Jaguar and Land Rover are owned by the Tata Group, and the investment will secure the two brands’ transition to electric vehicles. Jaguar launched its first electric car already in 2018, and before 2024 the first electric car from Land Rover will soon arrive.
“Our multi-billion pound investment will bring state-of-the-art technology and help drive the automotive sector’s transition to electric mobility, which underpins our Jaguar Land Rover business,” said Natarajan Chandrasekaran, Chairman, Tata Sons.
At the end of last year, JLR shared its plans for electrification. It includes a process whereby Jaguar will reposition its brand to become synonymous with luxury electric vehicles by 2025. Land Rover will focus on luxury electric SUVs.
Within five years, six all-electric models had been launched. The group is currently developing three platforms for the new models. By 2030, all Jaguar and Land Rover models will be offered as purely electric vehicles.
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