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Jaguar Owner Tata Picks Britain for £4 Billion Battery Plant
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A Jaguar I-PACE electric vehicle.
Photographer: Bing Guan/BloombergThis article is for subscribers only.
Tata Group plans to build a £4 billion ($5.2 billion) battery plant in the UK to supply electric vehicles made by Jaguar Land Rover Automotive Plc, in a win for Britain’s struggling car industry.
JLR and Tata Motors Ltd. will be anchor customers for the plant capable of providing 40 gigawatt hours worth of batteries with supplies starting from 2026, according to a statement. The factory could supply roughly half a million vehicles per year depending on the size of the batteries.