Located in the city’s Bishan District, the factory is currently the only production base for the Blade Battery. It possesses a highly demanding production environment and much of BYD's self-developed Blade Battery production equipment. The factory has a total investment of 10 billion yuan with an annual production capacity of 20GWH.
Tata Group announces new multibillion-pound electric car battery factory to be built in the UK - one of the largest ever investments in the UK automotive sector. Investment will create up to 4,000 new direct jobs, and thousands more in the wider supply chain – driving forward the Prime Minister’s priority to grow the economy.
By establishing local gigafactories, automakers, and battery manufacturers can reduce supply chain dependencies, ensure a stable and timely supply of batteries, and potentially benefit from government incentives and regulations that promote domestic battery production.
This was published under the 2022 to 2024 Sunak Conservative government Tata Group announces new multibillion-pound electric car battery factory to be built in the UK - one of the largest ever investments in the UK automotive sector.
Securing battery raw materials is also critical for the UK; China’s control of the supply chain and its lower production costs are the reasons why it will be the first country to make StoreDot batteries at scale.
General Motors is planning to establish four new battery factories in the United States, with a total capacity of 140 GWh per year. Additionally, Stellantis, the multinational automotive conglomerate, is in the process of building a new factory in Indiana, with an initial annual production capacity of 23 GWh.