Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Tata confirms Somerset will host £4bn battery factory

by February 28, 2024
February 28, 2024
Tata confirms Somerset will host £4bn battery factory

Tata Group has officially confirmed that Somerset, will host the UK’s largest electric vehicle battery manufacturing facility, with a £4 billion investment in a brownfield site near Bridgwater.

This announcement solidifies the government’s previous declaration that the flagship battery factory would be built, marking the first official confirmation of the site location.

The new plant, to be built by Tata’s battery business, Agratas, will create 4,000 jobs directly and thousands more in the supply chain. Battery production is scheduled to commence in 2026 at the Gravity Smart Campus in Puriton, formerly a Royal Ordnance Factory from World War Two.

Agratas plans to produce 40GWh of battery cells annually, enough to supply approximately 500,000 passenger vehicles, contributing significantly to the UK’s automotive sector. Initially focused on supplying batteries for Jaguar Land Rover vehicles, the factory aims to diversify its customer base and expand into commercial energy storage.

Local stakeholders, including the Somerset Chamber of Commerce and Bridgwater and Taunton College, have welcomed the development, highlighting the economic opportunities and the region’s expertise in large-scale infrastructure projects like Hinkley Point C. The factory’s establishment is seen as a crucial step in driving the UK’s transition to electric vehicles and establishing the country as a leader in green energy technology.

Read more:
Tata confirms Somerset will host £4bn battery factory

0
FacebookTwitterGoogle +Pinterest
previous post
Apple pull the plug on self-driving electric car project
next post
European fightback over EV challenge from China with launch of iconic Renault 5

You may also like

Why forcing a return to the office is...

January 5, 2025

Digital Innovators secures local employers to boost digital...

November 3, 2022

The Power Of Partnerships: Troy Renkemeyer Explains How...

March 27, 2024

Why carbon offsetting is crucial for the future...

June 12, 2023

Online surveys: get paid for your opinion

September 2, 2024

Mentoring is both incredibly effective and versatile, so...

October 30, 2024

Aston Martin launches £575m rights issue powered by...

September 5, 2022

Retail sales rise 1.2% as households eat at...

March 24, 2023

Love me do: How to fall in love...

November 8, 2022

Jaguar Land Rover resumes US exports despite Trump...

May 4, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • TSA tells Americans their Costco cards won’t fly at airport security despite love for hot dogs

      June 7, 2025
    • Trump announces China will restart rare earth mineral shipments to US after productive call

      June 7, 2025
    • Musk feud presents ‘unprecedented’ dynamic compared to past Trump disputes: expert

      June 7, 2025
    • Snub of Musk’s NASA nominee ally preceded sudden ‘big, beautiful bill’ criticism, Trump feud

      June 6, 2025
    • Supreme Court rules DOGE can access Social Security information

      June 6, 2025
    • US sanctions money laundering network aiding Iran as regime faces nuclear reprimand at IAEA

      June 6, 2025

    Categories

    • Business (8,149)
    • Investing (2,019)
    • Politics (15,558)
    • Stocks (3,134)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved