Tata Group to set up EV battery manufacturing unit in Europe: Reports

12 Jan 2023 , 02:36 PM

According to a Bloomberg report, the Tata Group is planning to establish electric vehicle cell manufacturing in Europe.

The Indian conglomerate plans to establish a facility in Europe with its subsidiary Jaguar Land Rover, from which it will sell battery packs globally and use them to accelerate the British automaker’s transition to cleaner engines.

According to the CFO, the European facility will produce lithium iron phosphate cells for Tata Motors’ EVs as well as nickel manganese cobalt cells for both Tata Motors and Jaguar Land Rover.

The CFO also stated that Tata Motors and Jaguar Land Rover benefit from being part of a larger ecosystem and that closer control will help the manufacturers avoid supply disruptions like those experienced during the peak of the COVID-19 pandemic.

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