The Indian organization, Tata Group, is remarkably competitive in the global EV race. Also, the colossal gearing up for a global shift away in regards to conventional gasoline vehicles. As EVs are moving toward the mainstream and massive adoption. While this major transition needs a large number of batteries. However, Tata essentially understands the task and commits to the making of a large-scale battery production factory in Somerset, UK. They recast the region into a major hub for EV battery production.
Furthermore, Tata’s aim wasn’t just to count on the global EV battery manufacturers. Whereas, the decision to locate in Somerset finalize after a deep evaluation of various potential sites including Spain. Since Somerset has significant advantages to the UK automotive industry.
The upcoming Somerset facility, which is owned by Salamanca Group is forecasted to build a 40 GWh battery cell factory. To put it together, the new factory could produce sufficient battery cells that effortlessly power about half a million EVs every year.
On the other hand, a twist seems to appear in the form of Chinese battery manufacturer Envision. As there are rumors scattering all around about a possible partnership with Tata in order to build and operate the Somerset site. The unit could be one of the biggest investments in the UK’s automotive sector so far. And this factor of joy already gives UK Prime Minister Rishi Sunak a bundle of satisfaction and cheerfulness.
Uk Government is unable to fulfill its commitment to Britishvolt
This fearless move by Tata is being encouraged by the British government, which offered an incentive worth hundreds of millions of dollars. Although, it is still unclear whether the full request of €575 million in aid has been granted. Despite this, it shows the UK is all excited and appreciates this huge project.
Tata’s step is quite interesting to see, especially after seeing the recent misfortune of UK battery startup Britishvolt. This would come on the authorities after committing to a kind of ambitious project. The existence of Britishvolt is dependent on the UK government’s promises on its pledge to give their assistance to the startup with €115 million. However, this is sufficient for the UK to learn its lesson and make its decision to support EV technology, or could be another usual trick. At least, Tata has got capital in the event of a fall and if the government fails to deliver again.