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Tata's Agratas to Begin Cell Biz in UK by FY27
Mint New Delhi
|June 18, 2025
Battery firm plans to reduce dependence on China for critical component
Tata Group's battery business Agratas expects to begin production of lithium-ion batteries needed to power electric vehicles in the UK by the 2027 financial year. The Mumbai-based conglomerate is looking to reduce dependence on China for the critical component.
In 2024, Agratas announced that it would commence the production of batteries in 2026 in the UK.
Despite two analyst notes suggesting that the production at the plants will begin by 2027, a Tata spokesperson clarified that the project remains on track to meet its deadlines. "The project to set up giga factories in India and UK is on track and will commence operations from FY27 in a phased manner," a Tata Motors spokesperson said.
Dit verhaal komt uit de June 18, 2025-editie van Mint New Delhi.
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