The chief of Jaguar Land Rover's parent company Tata is expected to fly to London to discuss an agreement on building a multi-billion-pound electric car battery plant in the UK, according to reports. The car giant could open a plant in Somerset as Britain slugs it out with Spain.
Talks between the Government and Tata are believed to be at an advanced stage, following the offers of incentives by Jeremy Hunt. A hefty amount of £500 million in subsidies has been offered to persuade the Tatas to build the plant in the UK rather than elsewhere in Europe. This comes after JLR CEO, Adrian Mardell gave the confirmation that the company will not be building a plant itself.
Despite rife speculation, it could be a key player in a Midlands gigafactory based near Coventry where it was announced that construction would not happen. He confirmed the company would instead be an "anchor customer", following the set up of a factory by parent company Tata. He, however, conceded it might not be based in the UK.