#261 Tata Group to invest over £4 billion in UK gigafactory creating thousands of jobs

Tata Group announces new multibillion-pound electric car battery factory to be built in the UK - one of the largest ever investments in the UK automotive sector.
Investment will create up to 4,000 new direct jobs, and thousands more in the wider supply chain – driving forward the Prime Minister’s priority to grow the economy.
New gigafactory set to provide almost half of the battery production needed by 2030 – turbocharging UK’s switch to zero emissions vehicles.
The UK has been chosen as the home of Tata Group’s first gigafactory outside India, in a move set to create thousands of jobs and bring a huge boost to the UK’s automotive sector.
Tata Group confirmed the UK had secured one of the largest ever investments in the UK auto industry today (19 July). The gigafactory will secure UK-produced batteries for another Tata Sons investment, Jaguar Land Rover, as well as other manufacturers in the UK and Europe.
The new gigafactory, at 40GWh, will be one of the largest in Europe. It will create up to 4,000 highly skilled jobs, as well as thousands of further jobs in the wider supply chain for battery materials and critical raw minerals, helping grow the economy and take forward the UK’s commitment to net zero.

https://www.gov.uk/government/news/tata-group-to-invest-over-4-billion-in-uk-gigafactory-creating-thousands-of-jobs

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