£380m Funding Awarded for Giant Gigafactory that Will Create Batteries for JLR’s Electric Vehicle Production

£380m funding awarded for giant gigafactory that will create batteries for JLR’s electric vehicle production

A £380 million government grant will support the building of one of the largest gigafactories in Europe which will create batteries for Jaguar Land Rover to create zero emission vehicles.

Somerset 'gigafactory' secures vital £380m government boost

Business secretary Peter Kyle MP announced the investment during a tour of the gigafactory site, arguing it will secure thousands of well-paid local jobs

Government backs Agratas Somerset gigafactory build

The UK government has confirmed a £380 million grant for Agratas to support construction of its battery gigafactory in Somerset, placing the project at the centre of a wider advanced manufacturing package worth more than £700 million. The Bridgwater site is expected to support 4,200 direct jobs, thousands more through the supply chain, and 300 apprenticeships, while giving the UK a larger domestic base for electric vehicle battery production at …