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CDA
February 13, 2023
Spain, more specifically Zaragoza, can become the headquarters of the new battery plant for electric cars that Tata is planning.
Spain is becoming a very attractive place for car manufacturers to locate future plants that manufacture batteries for electric cars. Following Volkswagen’s announcement in Sagunto (Valencia), it is now the Indian car company Tata Motors that is studying the possibility of build a battery factory in Spainspecifically in the province of Zaragoza.
At the beginning of the year, Tata announced its intention to establish a battery factory for electric vehicles in Europe, in order to accelerate the electrification of Jaguar-Land Roverbrand of which she owns.
Zaragoza may be the chosen province
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However, Tata Motors CFO Pathamadai Balaji told the India Auto Expo that battery cells made in Europe will be sold to other car brandsbeyond Tata Motors and Jaguar-Land Rover.
The Indian company is debating between the possibility of installing its new battery factory for electric vehicles between Zaragoza or a nearby city and another town located in the United Kingdom.
If it comes to fruition, the Tata Motors project would join the Volkswagen battery gigafactory in Sagunto (Valencia) in Spain and could opt for the second call for aid from the Strategic Project for the Recovery and Economic Transformation of the Electric and Connected Vehicle (Perte VEC), of which 2,181 million euros remain to be distributed.
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Added to this is the battery factory of the Asian company Envision, which plans to build a plant in Navalmoral de la Mata (Cáceres) and that he has submitted several applications for aid to develop the project. In this sense, it was left out of the first call for Perte Vec and is currently eligible for 115 million euros from regional funds.
Tata Motors is the India’s largest automobile group. It currently consists of Tata Motors, Jaguar and Land Rover,
