JLR Battery Plant Lands £380m as Government Unveils £700m EV Package
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Jaguar Land Rover's Somerset gigafactory lands £380m in government's £700m EV investment drive
Britain’s electric vehicle ambitions have been given a substantial shot in the arm, with the government committing £700 million in grants and support to accelerate zero-emission vehicle manufacturing across the country. The headline beneficiary is Jaguar Land Rover, whose under-construction Somerset gigafactory will receive £380 million of taxpayer backing. Business Secretary Peter Kyle unveiled the package on a visit to the Bridgwater site, fra…
JLR battery plant lands £380m as government unveils £700m EV package
Jaguar Land Rover’s under-construction gigafactory in Somerset has been handed a £380 million taxpayer grant as part of a £700 million package designed to cement Britain’s place in the global race for electric vehicle manufacturing, and, crucially for smaller firms, to pump money into the supply chain that will feed it. Announcing the funding at the Bridgwater site on Wednesday, business secretary Peter Kyle framed the intervention as the cleare…
£470 million government support package for automotive industry
Advanced Propulsion Centre UK (APC) has announced a new wave of government-backed projects under the DRIVE35 programme, unlocking more than £470 million in funding to support the UK automotive sector’s transition to zero-emission mobility. A significant portion of the funding—around £380 million—has been allocated to Agratas, part of the Tata Group and parent company of Jaguar Land Rover. Agratas focuses on advanced battery technology, combining…
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