The BBC reported that people familiar with the matter said the new plant in Somerset, south west England, would be officially announced on Wednesday. Its sources claim that the government will be providing subsidies worth hundreds of millions of pounds for the new factory.
Jaguar Land Rover: In April this year, JLR Chief Executive Adrian Mardell told reporters at a media event that the Tata Group is clear the new Gigafactory is going to be in Europe. Spain was believed to be the other site under consideration at the time.
JLR is expected to announce plans to build an electric car battery plant in the UK, following talks with the government regarding financial support. The decision is seen as a boost to the UK s car manufacturing sector as it transitions to electric vehicles and could create up to 9,000 jobs.