Rishi Sunak has hailed a £4bn pledge by the owner of Jaguar Land Rover to build an electric car battery gigafactory in Britain as a “vote of confidence in the UK economy”.
The factory is expected to be sited in Somerset and to bring 4,000 new jobs to the area after the investment by Tata Group. It will become one of Europe’s largest battery cell manufacturing sites when it starts production in 2026, according to Tata Sons, the holding company behind the Indian conglomerate.