India's Tata Sons plans to build a 4-billion-pound ($5.2 billion) electric car battery factory in the U.K., the conglomerate said Wednesday. The plant is expected to become one of Europe's largest battery cell manufacturing sites when it begins production in 2026.
Britain's government said the new factory, the largest investment in the U.K. automotive industry in decades, will create 4,000 jobs directly and thousands more in supply chains.
