The UK Government is poised to seal a deal with the car manufacturer owner Tata to build the gigafactory near Bridgwater, according to BBC reports.
It is reported that the £1bn car battery factory could get as much as £500m of public support.
Gravity business park, a 600-acre former Royal Ordnance Factory site.
It would be located at the Gravity business park, a 600-acre business park campus currently under construction near the M5 motorway at Puriton.
The UK was up against Spain as the potential site for the factory, which would rank as one of the biggest single-roof buildings in the country.
A decision in the UK’s favour would come as a relief for government which has been under pressure from car-makers to increase the capacity of battery production in Britain, amid fears car-making plants may leave for Europe.
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(Headline) Jaguar Land Rover Set to Make Major Investment in Southwest England
Jaguar Land Rover, one of the world’s leading automotive companies, has revealed plans to build a major new factory in southwest England.
The new gigafactory, to be located near the town of Bridgwater in Somerset, will be the first of its kind from a major British car manufacturer. It will be the first large-scale electric vehicle production plant in the UK.
The multi-billion pound investment by the company is expected to create hundreds of new jobs in the local area and will see the production of green, electric vehicles. The project is also set to create a ‘green corridor’ in the Southwest region, with the new electric vehicle hub forming part of a larger envisioned plan to make the entire area a leader in green technology and innovation.
The new gigafactory is expected to significantly increase automotive production in the area, with the factory expected to be capable of producing up to 120,000 electric vehicles a year. This will help to reduce the UK’s reliance on imported IEVs (Internal Combustion Engines) and create a more sustainable and green manufacturing landscape for the future.
Jaguar Land Rover is yet to comment on the plan but this investment is a major move towards the company’s ambitious goal of creating a more sustainable transportation future. With investments of this nature being made, the UK’s automotive sector looks set to be transformed in the years ahead.
