The expected plant, which will be built by Tata Group and have significant public investment, may create thousands of jobs
The owner of carmaker Jaguar Land Rover is expected to announce that it will build an electric car battery gigafactory in the UK, backed with £500m in government funding, in what would be a major boost for the British car industry.
Jaguar Land Rover’s owner, the Indian conglomerate Tata Group, has been locked in negotiations for months for state aid for the project, which would aim to produce 40GWh of batteries a year, enough to power hundreds of thousands of electric cars.
