2023-05-30 12:38:39
The very courted Natarajan Chandrasekaran, boss of the Indian giant Tata. FRANCIS MASCARENHAS/REUTERS
DECRYPTION – Europe has around thirty battery giga-factory projects, compared to only one site existing at this stage across the Channel.
Natarajan Chandrasekaran is expected in London this week as the messiah. The boss of the Indian giant Tata, owner of Jaguar Land Rover, should meet Prime Minister Rishi Sunak to negotiate the conditions for setting up a gigafactory of electric batteries in the United Kingdom, rather than in Spain, another site envisaged, according to the BBC. If confirmed, this decision would offer respite to the entire automotive industry in the country, whose future is threatened by Brexit.
Ten days ago, the Franco-Italian-American giant Stellantis sounded the alarm. He mentioned the possible closure of his Vauxhall-branded electric van factory in Ellesmere Port, if the government did not renegotiate the terms of the Brexit agreement, which came into force in early 2021. “If the cost of producing electric vehicles in the UK becomes uncompetitive in the long term, operations will have to close”, warned the group. A cold shower.
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