UK, 28 February 2024: Somerset will be home to a new multi-billion-pound electric vehicle battery manufacturing facility in the UK, it was confirmed today. Agratas, Tata Group’s global battery business, has confirmed that it will build a gigafactory on the Gravity Smart Campus near Bridgwater, Somerset.
The expansion of the site would make EVE's plant twice the size of Nissan’s electric battery factory in Sunderland, a city in the North East of England. "The UK continues to be a magnet for big investments," said Dan Coatsworth, investment analyst at AJ Bell.
Agratas, Tata Group’s global battery business, will build Britain’s biggest battery manufacturing facility at the Gravity Smart Campus near Bridgwater, Somerset. Agratas is taking a community-first approach, holding an introductory event in the coming weeks for locals to learn more about the company and meet the team.
Construction work on the UK's biggest electric car battery factory near Bridgwater could begin as early as this week. Piling work on Building One at the former Royal Ordnance factory site in Puriton is expected to run until spring next year.
The Faraday Institution estimates that meeting domestic demand for batteries for EVs would boost UK employment by approximately 270,000 (full-time equivalent) jobs by 2040. [footnote 207] Of these, 100,000 would come from battery manufacturing plants and the supply chain, 145,000 from EV production, and 25,000 from HGV /bus production.
Last month, the Business and Trade Committee, a cross-party group of MPs, said that the government didn’t have a clear plan for the future of UK battery manufacturing.
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