Nwe Delhi, 19th July 2023: Tata is all set to announce on Wednesday that it has chosen the United Kingdom as the location for its new electric vehicle (EV) battery plant. The decision comes after months of debate between a Somerset, England, and a Spanish location, with the chosen facility poised to offer a new range of electric Jaguar and Land Rover vehicles.
Reuters reports that Tata’s decision to locate an EV battery production in the United Kingdom would be a substantial boost to the country’s automotive industry.
Furthermore, domestic battery manufacture will assist British automakers in complying with post-Brexit trade laws, which require companies to source more electric car components domestically in order to avoid tariffs on UK-EU commerce beginning in 2024.
According to reports, the UK government intends to award Tata with subsidies worth hundreds of millions of pounds for the battery project. While the decision to invest in battery production in the UK is widely welcomed, certain members of parliament, such as Darren Jones, chair of the business committee, have raised concern about the subsidy package required to secure the investment.
According to Darren Jones, chair of parliament’s business committee, “The decision by JLR to invest in battery production in the UK is very welcome. We will want to reflect, however, on the subsidy package that was required to secure this decision.”
Tata’s decision to locate its battery plant in the United Kingdom will also benefit Prime Minister Rishi Sunak’s government, which has set lofty net-zero ambitions.
