Somerset is poised to become the chosen location for a major electric car battery plant that could generate thousands of employment opportunities, according to recent reports. The BBC has revealed that Tata Group, the parent company of Jaguar Land Rover, is preparing to finalize an agreement that would see the United Kingdom triumph over Spain in the battle for the factory’s establishment.
The development marks a significant milestone for Britain’s automotive sector, reflecting a commitment to innovation and investment in the burgeoning electric vehicle (EV) industry. Sources familiar with the matter disclosed that Tata’s chairman is scheduled to meet Prime Minister Rishi Sunak in the middle of the following week to discuss the venture. While the deal has yet to be signed, negotiations have advanced to the stage of drafting an agreement.
Last week, Chancellor Jeremy Hunt hinted at the imminent nature of the deal, stating, “All I would say is watch this space because we are very focused on making sure the UK gets that EV manufacturing capacity.” The prospective plant, based in Bridgewater, has the potential to generate approximately 9,000 jobs, offering a significant boost to the local economy.
Tata had reportedly been considering an alternative site in Spain, a member state of the European Union, unlike the UK. The company declined to comment on the reports when approached by the media.
This development comes on the heels of Stellantis, one of the world’s largest car manufacturers, warning that its commitment to producing electric vehicles in the UK could be jeopardized, potentially leading to factory closures, without amendments to the Brexit deal. The Vauxhall, Citroen, and Peugeot owner emphasized the need to “reinforce the competitiveness of the UK by establishing battery production in the UK.”
Earlier this year, Britishvolt, a startup with plans to construct a massive battery factory in the northeast of England, unfortunately went out of business. The company, which had been viewed as a significant player in the UK’s battery sector, lacked prior experience in battery production and struggled to secure the necessary funding.
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