Tata Sons To Invest £4bn To Build A 40GW Battery Cell Gigafactory In UK By Saur News Bureau/ Updated On Thu, Jul 20th, 2023 Highlights : The battery gigafactory will produce high-quality, high-performance, sustainable battery cells, the firm said. The gigafactory intends to maximise its renewable energy mix, with an ambition for 100% clean power.. LOHUM & Vecmocon Partner to Power 100,000 LIB-Enabled EVs Tata Sons, the principal investment holding firm and promoter of Tata companies has now planned to build a 40 Gigawatt (GW) battery cell gigafactory in the United Kingdom (UK). It has also planned to infuse an investment of around £4 billion. The firm said that it would deliver electric mobility and renewable energy storage solutions for customers in UK and Europe. JLR and Tata Motors will be anchor customers, with supplies commencing from 2026, it said. “This investment of over £4 billion 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 firm said. N Chandrasekaran, Chairman of Tata Sons, said that the Tata group had been committed to a sustainable future across all of our business. “I am delighted to announce the Tata group will be setting up one of Europe’s largest battery cell manufacturing facilities in the UK. Our multi-billion pound investment will bring state-of-the-art technology to the country, helping to power the automotive sector’s transition to electric mobility, anchored by our own business, Jaguar Land Rover,” he said. Chandrasekaran said that with this strategic investment, the Tata group further strengthened its commitment to the UK, alongside its many companies operating there across technology, consumer, hospitality, steel, chemicals, and automotive. Commenting about the announcement of the UK gigafactory, UK Prime Minister, Rishi Sunak, said: “Tata group’s decision to build their new gigafactory here in the UK – their first outside of India – is a huge vote of confidence in Britain. This will be one of the largest ever investments in the UK automotive sector. It will not only create thousands of skilled jobs for Britons around the country, but it will also strengthen our lead in the global transition to electric vehicles, helping to grow our economy in clean industries of the future.” Battery Maker Exponent Claims Lowest Degradation After 3000 Quick Charging Cycles Also Read The battery gigafactory will produce high-quality, high-performance, sustainable battery cells and packs for a variety of applications within the mobility and energy sectors. The company’s strategic growth plans for its flexible manufacturing capacity will begin with a rapid ramp-up phase and the start of production in 2026.The gigafactory intends to maximise its renewable energy mix, with an ambition for 100% clean power. The plant will employ innovative technologies and resource efficient processes like battery recycling to recover and reuse all the original raw materials to deliver a truly circular economy ecosystem. EV Smart Battery Manufacturer Neuron Energy Secures INR 200 Mn Funding Also Read Tags: £4 billion, 40 GW, battery cell gigafactory, Investment, Tata group, Tata Sons, UK, United Kingdom