The United Kingdom is courting an automaker to build a new factory within its borders, and it's willing to spare no expense to do so. In a new report, a British think tank suggests letting the market have a say.
Tata Motors, an Indian conglomerate that owns Jaguar Land Rover, plans to build an electric vehicle (E.V.) battery cell factory somewhere in Europe. Reuters reported in February that the company was deciding between Spain and Great Britain. At that time, the company leaned toward Spain, partly on the basis that the country was spending billions of euros in European Union pandemic relief funds to attract developments by E.V. manufacturers.
