Jaguar Land Rover, the British automaker owned by Indian firm Tata Motors, has chosen the UK to build its first battery assembly plant–the world’s largest electric car battery manufacturing facility–over a rival offer from Spain.
The company confirmed on Tuesday that it will construct the facility in Warwickshire, creating up to 1,500 jobs.
The 5 million square foot plant will cost an estimated £1 billion ($1.3 billion) and is expected to produce enough batteries to power up to 500,000 electric cars each year.
The new plant is expected to boost the UK’s electric car industry and create thousands of highly-skilled jobs, bolstering Britain’s ambitions to be an automotive powerhouse in the post-Brexit world.
“Jaguar Land Rover is growing its presence in the UK as it prepares for a zero-emissions future by developing the next generation of electric cars and batteries,” the company said in a statement.
“This new factory will be the most advanced of its kind in the world, paving the way towards electrification for the automotive industry globally.”
