• Monday, December 11, 2023

Business

JLR may commit to building battery plant in UK

The carmaker’s Indian parent Tata Motors has chosen a site in Somerset, says media report

JLR has plans to transform its plants to produce electric vehicles. (Photo: Reuters)

By: Chandrashekar Bhat

BRITAIN is set to secure a commitment from Jaguar Land Rover to build a battery plant in southwest England to supply a new range of its vehicles, Bloomberg reported on Tuesday (18).

The carmaker’s Indian parent Tata Motors has chosen a site in Somerset, the Bloomberg report said, citing people familiar with the plans.

The company is set to outline its decision as soon as this week, the report added.

A government spokesperson said there was no update on any timelines for an announcement.

There have been months of speculation about where the factory would be built, with some previous media reports saying Tata had also been considering Spain as a location.

The plant would be a major win for Britain, which is trying to catch up in the global race to build electric vehicle (EV) battery capacity locally – vital for automakers which rely on heavy batteries being built near their car factories.

Tata’s choice of Britain would also provide a boost for prime minister Rishi Sunak’s government, which has pledged to grow the economy and outlined a series of net-zero goals including a ban on the sale of new petrol and diesel cars from 2030.

(With inputs from Reuters)

Eastern Eye

Related Stories

Eastern Eye

Videos

Mrunal Thakur on Dhamaka, experience of working with Kartik Aaryan,…
Nushrratt Bharuccha on Chhorii, pressure of comparison with Lapachhapi, upcoming…
Abhimanyu Dassani on Meenakshi Sundareshwar, how his mom Bhagyashree reacted…