Tata Group to Invest Over £4 Billion in UK Electric Battery Factory, Creating Thousands of Jobs
1 year, 5 months ago

Tata Group to Invest Over £4 Billion in UK Electric Battery Factory, Creating Thousands of Jobs

News 18  

Tata Group is set to invest more than £4 billion in a giant battery plant in southwest England that will create thousands of jobs, the UK government said on Wednesday. “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,” British Prime Minister Rishi Sunak said in a statement published by 10 Downing Street. In a separate statement, Chairman N. Chandrasekaran said Tata Group will be setting up one of Europe’s largest battery cell manufacturing facilities in the UK. #ThisIsTata pic.twitter.com/y7Oypj0S94— Tata Group July 19, 2023 Britain plans to ban the sale of new high-polluting diesel and petrol cars from 2030, forcing its car manufacturing sector to switch production to electric vehicles, according to the Downing Street.

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History of this topic

Tata shifts gears: Considers importing Jaguar Land Rover EVs after government cuts import duty from 100% to 15%
8 months ago

Tata shifts gears: Considers importing Jaguar Land Rover EVs after government cuts import duty from 100% to 15%

Live Mint  

India's Tata Motors is planning to import its Jaguar Land Rover luxury electric cars under a new government policy that lowers import taxes for companies agreeing to set up local manufacturing, according to a Reuters report. Import duties on some EV models have been slashed from as high as 100 percent to just 15 percent, provided the carmaker invests at …

Tesla in India: Elon Musk’s EV company set to sign deal to start importing cars, set up $2bn factory
1 year, 1 month ago

Tesla in India: Elon Musk’s EV company set to sign deal to start importing cars, set up $2bn factory

Firstpost  

Tesla is expected to invest about $2 billion initially for its manufacturing plant. Tesla may also explore the possibility of manufacturing its batteries in India It seems that Tesla is set to enter the Indian market in 2024, first through imported cars and then later selling India-made Teslas. India is reportedly on the verge of finalizing an agreement with Tesla …

Spark EV battery production to prevent decline of UK car industry, MPs warn
1 year, 1 month ago

Spark EV battery production to prevent decline of UK car industry, MPs warn

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Electric vehicle battery production must be incentivised to prevent the decline …

Tata Tech expects robust demand from EV and aviation, says CEO
1 year, 1 month ago

Tata Tech expects robust demand from EV and aviation, says CEO

Live Mint  

Mumbai: IPO-bound Tata Technologies expects a bump in demand from Tata Group anchor clients Jaguar Land Rover and Tata Motors in the near term, Warren Harris, chief executive of Tata Technologies Ltd said in an interview. “That will provide demand, and although we have reduced the contribution from Tata Motors and JLR, over the last 10 years, we think that …

Tata has placed the UK on the starting grid of today’s EV race
1 year, 5 months ago

Tata has placed the UK on the starting grid of today’s EV race

Live Mint  

British government officials describe the Tata Group’s decision to build an electric-car battery factory in the UK as a “major vote of confidence” and a huge boost for the country’s auto industry, saying it will create thousands of jobs and help drive economic growth. As of last year, the UK was projected to have the ninth-largest battery output in Europe …

Tata did not choose UK for £4bn battery plant just for taxpayer cash – Sunak
1 year, 5 months ago

Tata did not choose UK for £4bn battery plant just for taxpayer cash – Sunak

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Rishi Sunak has said it …

India’s Tata set to bring 4,000 jobs to the UK with £4 billion battery plant
1 year, 5 months ago

India’s Tata set to bring 4,000 jobs to the UK with £4 billion battery plant

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Indian owner of Jaguar …

Jaguar Land Rover will build huge £4bn electric car battery plant in Somerset in a major boost for Britain's motor industry
1 year, 5 months ago

Jaguar Land Rover will build huge £4bn electric car battery plant in Somerset in a major boost for Britain's motor industry

Daily Mail  

Tata's site in Somerset set to be UK's second battery plant at gigafactory scale Britain has triumphed in the race to build a flagship battery plant for the owner of carmaker Jaguar Land Rover. Britain is poised to triumph in the race to build a flagship battery plant for the owner of carmaker Jaguar Land Rover Rishi Sunak's government has …

Tata to build India’s 1st lithium-ion cell manufacturing gigafactory in Gujarat
1 year, 6 months ago

Tata to build India’s 1st lithium-ion cell manufacturing gigafactory in Gujarat

Live Mint  

Tata Group signed an agreement with the Gujarat state government to set up a giga-factory for manufacturing lithium-ion cells, with an estimated initial investment of around 130 billion rupees. The CEO of Tata Group’s subsidiary company, Tata Agaratas Energy Storage Solutions Private Limited, and the Secretary of Science and Technology of the Government of Gujarat, Mr. Vijay Nehra signed and …

Tata set to pick Somerset for new electric car battery plant, reports say
1 year, 7 months ago

Tata set to pick Somerset for new electric car battery plant, reports say

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Jaguar Land Rover owner set to pick UK for EV battery plant
1 year, 7 months ago

Jaguar Land Rover owner set to pick UK for EV battery plant

Daily Mail  

Jaguar Land Rover owner Tata Motors is gearing up to select Britain for a multi-billion pound electric car battery plant, claiming the Indian firm would choose it over Spain. Such an investment would also give a boost to the British car industry, days after major automakers including Vauxhall owner Stellantis and Ford warned that looming post-Brexit trade rules risked making …

Tata Group leans toward UK over Spain for battery plant: Report
1 year, 7 months ago

Tata Group leans toward UK over Spain for battery plant: Report

Live Mint  

Britain is close to winning a major battery plant for electric vehicles as Tata Group, the parent company of Jaguar Land Rover, leans toward choosing it over Spain. The plant — to be based in Somerset, England — would make batteries for Jaguar Land Rover’s planned range of fully electric models that are due from 2024. Stellantis NV, which is …

Tata Motors likely to raise $1 billion to bolster EV business: Report
1 year, 10 months ago

Tata Motors likely to raise $1 billion to bolster EV business: Report

Live Mint  

Tata Motors is reportedly planning to raise $1 billion to strengthen its electric vehicle business in the country. In 2021, Tata Motors raised $1 billion from TPG and Abu Dhabi state holding company ADQ for its EV unit at a $9 billion valuation, pledging to invest more than $2 billion in its EV business over five years. Aligned towards its …

EV adoption: India needs to invest over $10 billion to boost cell manufacturing, says new report
2 years, 2 months ago

EV adoption: India needs to invest over $10 billion to boost cell manufacturing, says new report

India Today  

India needs to invest over USD 10 billion to boost cell manufacturing and raw material refining to serve the local demand for lithium-ion batteries by 2030 and create a million jobs, according to a new report by management consulting firm Arthur D. Little. While EV cells are the most critical part of the electric mobility value chain, the Indian EV …

EV battery maker ProLogium considers UK for $8 billion factory
2 years, 3 months ago

EV battery maker ProLogium considers UK for $8 billion factory

Hindustan Times  

Taiwanese battery maker ProLogium Technology Co. is considering the UK among the potential sites for an $8 billion factory that would build a promising but unproven new generation of cells for electric vehicles. The UK is pushing hard to attract battery makers as the auto industry phases out the internal combustion engine. The solid-state battery startup is evaluating 90 sites …

Tata Steel unveils green investment plan for U.K. steel tube mill
2 years, 6 months ago

Tata Steel unveils green investment plan for U.K. steel tube mill

The Hindu  

Tata Steel has unveiled a 7-million pound investment plan for its Hartlepool Tube Mill in north-east England that the Indian steel major says will cut carbon emissions, improve capacity and reduce costs to strengthen its U.K. business. The investment will go into a new slitter which will allow the Hartlepool site to process coils of steel delivered from Tata’s Port …

Tata Group to Start Making Chips and EV Batteries, Says Chandrasekaran
2 years, 7 months ago

Tata Group to Start Making Chips and EV Batteries, Says Chandrasekaran

News 18  

Since last year, there have been talks of Tata Group’s plans for getting into the semiconductor field. It is noteworthy that in Tata Motors Limited’s annual report, he also mentioned evaluating partnerships for cell and battery manufacturing in India and Europe. The Tata Group’s plans are in line with Prime Minister Narendra Modi’s efforts to make India a leader in …

Tata aims to build 80,000 EVs this financial year: sources
2 years, 7 months ago

Tata aims to build 80,000 EVs this financial year: sources

The Hindu  

Tata Motors expects to aggressively ramp up annual production of electric vehicles to more than 80,000 units this financial year, sources with knowledge of the matter told Reuters. Tata last year announced plans to launch 10 EV models by March 2026, investing about $2 billion in new vehicle architecture, related technology and infrastructure. The new platform represents the third phase …

Tata Motors to have 10 new battery electric vehicles by 2025, says N Chandrasekaran
3 years, 5 months ago

Tata Motors to have 10 new battery electric vehicles by 2025, says N Chandrasekaran

Firstpost  

Tata Motors will have “10 new electric vehicles ” by 2025, confirmed chairman N Chandrasekaran in his address to shareholders in the company’s 76th Integrated Annual Report. Highlighting Tata Motors’ pivot towards sustainable mobility, Chandrasekaran pointed out that since the launch of the Tata Nexon EV at the start of 2020, the company has sold over 4,000 units of the …

Nissan to unveil plans for Britain's first electric car battery gigafactory
3 years, 5 months ago

Nissan to unveil plans for Britain's first electric car battery gigafactory

The Telegraph  

Nissan's Sunderland plant has about 6,000 staff and supports almost 30,000 jobs in its supply chain. Professor David Bailey, an automotive industry expert at Birmingham University, said: “This is a huge boost for the UK automotive industry, guaranteeing Nissan’s presence in the UK and its supply chain for at least the medium term.” Richard Perberdy, head of automotive at KPMG, …

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