19.3 C
New York

Tata Group to invest $5 billion in 40 GWh UK battery fab – pv magazine International


The Tata Group will make investments greater than GBP 4 billion ($5 billion) in the UK – the primary battery gigafactory exterior India.

The brand new gigafactory may have a manufacturing capability of 40 GWh and can provide batteries for Jaguar Land Rover (JLR) and different EV producers in the UK and Europe. Manufacturing is slated to start in 2026.

The Tata Group can also be constructing a 20 GW-plus battery cell facility in Gujarat to provide batteries designed with a deal with lengthy cycle life and security for Tata Motors EV prospects.

The corporate plans to cater to a wider vary of buyer segments sooner or later, together with power storage options, two-wheelers and three-wheelers, and business automobiles along with passenger vehicles.

Source link

Related articles


Recent articles