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UK hands Tata Agratas 510 million dollars for Somerset EV battery gigafactory
Business
Published on 24 April 2026
Funding comes as part of a bigger 470 million pound push
The UK has awarded $510 million to Tata’s Agratas for a planned EV battery gigafactory in Somerset, announced by the country’s Advanced Propulsion Centre (APC). The money is part of a wider £470 million grant package, underscoring the UK’s strategy to scale domestic battery manufacturing and accelerate electric-vehicle supply chains.
- UK Advanced Propulsion Centre backs Tata Agratas’ Somerset EV battery plant
- The $510 million funding is tied to a larger £470 million grant
- The project aims to expand local capacity for EV battery production
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times