{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/u-k-to-unveil-battery-plant-strategy-in-bid-to-retain-automakers/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"U.K. to unveil battery plant strategy in bid to retain automakers","slug":"u-k-to-unveil-battery-plant-strategy-in-bid-to-retain-automakers","createdLocal":"2023-03-18 14:30:59.605991","publishDate":"2023-03-17 10:46:01-04:00","feedName":"Autonomous Vehicle News","sourceUrl":{"sourceUrl":"https://europe.autonews.com/automakers/uk-unveil-battery-production-strategy-lure-ev-investment"},"postSummary":{"childMarkdownRemark":{"html":"<p>The U.K. is poised to unveil plans to boost green manufacturing, as it seeks to lure investment in a new battery plant from Jaguar Land Rover parent Tata Group.\nThe government’s “Advanced Manufacturing Plan” will form part of the U.K. response to U.S. President Joe Biden’s $369 billion package of green subsidies and tax credits, three people familiar with the plan said.\nMinisters including Energy Secretary Grant Shapps have expressed concerns that the American plan — and the European Union response to it — risked triggering protectionism.\nThe Indian conglomerate is nearing a decision to pick Spain or the U.K. for a battery plant that will supply Jaguar — a British automaker.\nU.K. officials have also raised fears that Drax Group may divert 2 billion pounds ($2.43 billion) of planned investment in carbon capture to the U.S.</p>"}}}},"pageContext":{"slug":"u-k-to-unveil-battery-plant-strategy-in-bid-to-retain-automakers"}}}