On Wednesday, Tata Sons revealed plans to build a gigafactory in the UK with the ability to create 40GW of batteries yearly. Customers in the UK and Europe will receive electric mobility and renewable energy storage solutions thanks to the over £4 billion investment.

After the business revealed its plans to establish a global battery cell gigafactory in the UK at an investment of over 4 billion pounds, Tata Sons Chairman N Chandrasekaran visited British Prime Minister Rishi Sunak at The Jaguar Land Rover Gaydon Centre, in Warwickshire, Britain. The action aims to support the car industry’s shift to electric mobility.

Tweet Link: https://twitter.com/TataCompanies/status/1681701654687514634?s=20

The battery gigafactory, according to the Tata Group, would provide high-quality, high-performance, environmentally friendly battery cells and packs for a range of uses in the energy and mobility sectors. An annual 40GW of cells can be produced at the future gigafactory.

“This over £4 billion investment is an integral part of the Tata group’s commitment to electric mobility and renewable energy storage solutions and establishes a competitive green tech ecosystem in the UK at scale,” the business claimed in a formal statement.

Our multibillion-pound investment will bring cutting-edge technology to the nation and support the automotive industry’s shift to electric mobility, which is supported by our own company, Jaguar Land Rover. With this strategic investment, the Tata Group and its several businesses operating in the UK’s technology, consumer, hotel, steel, chemicals, and automotive sectors further solidify their commitment to the country, according to Chandrasekaran.

Up to 4,000 highly skilled jobs will be produced by the new gigafactory, which will be one of the biggest in Europe. Additional opportunities will likely be created in the supply chain. With a goal of 100% clean energy, it wants to maximise the mix of renewable energy sources.

According to Rishi Sunak, the Tata Group’s choice to construct a new gigafactory in the UK, their first outside of India, is a huge vote of confidence in the country. “This will be among the biggest investments ever made in the UK automotive industry. “It will not only strengthen our leadership in the global transition to electric vehicles and generate thousands of skilled jobs for Britons across the nation, but it will also contribute to the expansion of our economy’s clean industries of the future,” he added.

Tweet Link: https://twitter.com/RishiSunak/status/1681709052273754123?s=20

Separately, the UK PM declared in a tweet that “The UK is one of the best places in the world to invest” and that “we can be incredibly proud that we have been chosen as home to @TataCompanies’ new gigafactory.” He continued by saying that the Tata Group’s action is a great statement of confidence in the UK auto industry.

Tweet Link: https://twitter.com/RishiSunak/status/1681586717478776833?s=20

Tata’s first gigafactory outside of India will begin operating in 2026, and Sunak has prioritized expanding the UK economy as one of his top priorities.