Tata Motors – the parent company of Jaguar Land Rover (JLR) and subsidiary of India’s Tata Group – has committed £4 billion ($5.2 billion) to building a 40 GWh battery factory in Somerset, England. Production at the factory is slated to start in 2026. The deal involves significant subsidies from the UK’s central government, which is likely to include direct cash grants, permitting and infrastructure support, and discounts on the plant’s price of energy. The exact monetary value of the subsidies is unknown as of yet but is understood to be within the hundreds of millions of pounds. The biggest of these is likely to be a discount on the price of energy and guarantees for renewable energy access. This…