Jaguar Land Rover owner Tata seeks £500m for UK battery plant

Jaguar Land Rover owner Tata Motors is reportedly seeking upwards of £500 million in support from the UK government for a new British EV battery factory.

According to the Financial Times, which has spoken to people involved in discussions, the Indian industry giant has given UK ministers “weeks” to offer their support to the scheme, having previously announced plans to build a battery plant somewhere in Europe.

The FT reports that Tata has narrowed down its locations to either Spain or south-west England, and has obtained confirmation of the talks from a UK government spokesperson, who said: “We . . . are engaging with them — whether or not the talks go anywhere depends on whether a final amount can be agreed.”