Tata plans to set EV cells manufacturing unit in Europe

• ByStartupStory     |    January 13, 2023

According to Bloomberg, 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.

“We are well covered on the production plans for batteries, but we will require some cell capacity coming into Europe,” Tata Motors Chief Financial Officer P.B. Balaji said in an interview at the India Auto Expo in Delhi.

Balaji stated that the conglomerate is finalising plans and will provide more details soon. He added that “a lot of investments” will be made.

The CFO 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.

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.

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