According to foreign media businessoutreach, Tata Group plans to build an electric vehicle battery factory in the UK, with an investment of 4 billion pounds (currently about RMB 37.2 billion), and plans to start in 2026. Mass production, with an annual capacity of 40GW, aims to shape the future of electric vehicles in Europe.
It is understood that the battery factory can supply batteries for at least 500,000 vehicles per year. At the same time, the Tata Group is not just focusing on production but seeks to foster partnerships across the spectrum.
It is worth mentioning that in this “war” to change the battery supply of electric vehicles in Europe, companies such as Mercedes-Benz, Stellantis and Nissan have all moved in this direction, and most of the choices are with established battery producers. Collaborate to enhance the battery ecosystem in Europe.