Tata has finalized plans and will announce them soon, the official said, though he did not say where in Europe the plant would be opened and when it would start production. In his words, ‘huge amount of investment will be made.’ Two types of chemical processes will be used in the proposed plant. Lithium Iron Phosphate and Nickel Manganese Cobalt will be used for Tata Motors’ electric vehicles as well as Jaguar Land Rover.
Balaji feels that this factory will be helpful in ensuring that the supply of essential products required for car manufacturing is uninterrupted and proper control can be achieved. The car industry in Britain is going from bad to worse. Jaguar Land Rover is made in Britain and Brexit and the transition to electric cars have left the country’s car industry in dire straits. No major investment has come to the country to build battery factories. The only exception is China’s Envision Group.