JLR UK Plant

The Tata Group is expected to pick the UK as the preferred site for the lucrative electric battery plant to supply its Jaguar Land Rover (JLR) requirements, a media report said on Wednesday. It will mark a significant investment for the UK automotive sector, one that UK's Prime Minister Rishi Sunak-led government has been keen to bag with ongoing discussions around offering an incentivised economic environment for the multi-billion-pound plant. According to the BBC, Somerset in south-west England is the expected location of this new Gigafactory, which will generate an estimated 9,000 jobs for the local economy. Gigafactory is a generic term referring to facilities that produce batteries for electric vehicles on a large scale. Sources familiar with the matter told BBC that although the deal has yet to be signed, engagement has moved from negotiations to drafting and choreography of how the landmark agreement will be presented. At a media event at JLR's Gaydon base in the West Midla

JLR, acquired by the Tatas in 2008, is the UK's largest automotive manufacturer, accounting for an estimated 30 per cent of all domestic car production in this country

From Tata likely to sell JLR and UK steel operations in UK, Covid-19 drug sales performing well to private train operators allowed to choose halt stations, here are the top news of the day

The Solihull plant, where the Tata Group company produces its Range Rover and Jaguar models, will close from October 22