Tata Group is the main investment holding company and initiator of several Tata companies. At present, Tata Group plans to build a 40GW super battery factory in the UK, and also plans to invest about 4 billion pounds.
Tata Group said that it would provide electric vehicles and renewable energy storage solutions for customers in the UK and Europe.
The company said that Jaguar Land Rover and Tata Motors will be the main customers, and the supply will start from 2026. "This investment of more than 4 billion pounds is an integral part of Tata Group's commitment to electric vehicles and renewable energy storage solutions. The company will also establish a green technology ecosystem with scale competitiveness in the UK."
N Chandrasekaran, Chairman of Tata Group, said that Tata Group has been committed to achieving a sustainable future in all business areas. I am pleased to announce that Tata Group will establish one of the largest battery manufacturers in Europe in the UK. Our billions of pounds of investment will bring the most advanced technology to the UK and help the automotive industry transform into electric vehicles. Our own company, Jaguar Land Rover, is one of the best.
Chandrasekaran said that through this strategic investment, Tata Group has further strengthened its commitment to the UK and promoted many companies operating in the UK in the fields of technology, consumption, hotels, steel, chemicals and automobiles.
British Prime Minister Sunak said when talking about the British Ultimate Factories announcement: "Tata Group has decided to build a new Ultimate Factories in the UK, which is their first Ultimate Factories outside India. This is a huge vote of confidence in the UK. This will be one of the largest investments in the UK automotive industry ever. The Ultimate Factories will not only create thousands of technical jobs for Britons across the country, but also consolidate our leading position in the global transformation to electric vehicles, helping us To achieve economic growth in the future clean industry. “
Super battery factories will produce high-quality, high-performance, and sustainable batteries and battery packs for various applications in the mobile and energy fields. The strategic growth plan of Tata Group's flexible manufacturing capacity will start from the rapid improvement stage, and the plant is planned to be put into operation in 2026. The Ultimate Factories will maximize the use of renewable energy mix and strive to achieve 100% clean electricity. The factory will adopt innovative technologies and resource saving processes such as Battery recycling to recycle all raw materials and realize a real recycling economy ecosystem.