Agratas

Battery Cell Manufacturingagratas.net

Agratas is Tata Group's battery manufacturing subsidiary producing NMC and LFP lithium-ion cells for electric vehicles, supplying anchor customers Jaguar Land Rover and Tata Motors through gigafactories in Somerset, UK (40 GWh) and Sanand, India (20 GWh).

Company typePrivate
Founded2019
HeadquartersLondon, United Kingdom
Headcount251–500
GTM typeB2B
OfferingHardware or Manufacturing

What Agratas does

Agratas is a wholly-owned battery manufacturing subsidiary of Tata Group, established to design and produce lithium-ion battery cells for electric vehicles and stationary energy storage. The company manufactures two primary cell chemistries: high-energy-density NMC (nickel manganese cobalt) cells targeting premium EV applications, and LFP (lithium iron phosphate) cells for cost-sensitive mass-market EVs and energy storage. Manufacturing operations are centered on two gigafactories: a 40 GWh facility in Bridgwater, Somerset, UK, and a 20 GWh facility in Sanand, Gujarat, India, supported by R&D centers in Oxford (UK) and Bengaluru (India, with over $400 million invested) focused on next-generation chemistries including lithium manganese iron phosphate (LiMFP).

Agratas operates a captive B2B enterprise sales model, supplying battery cells directly to automotive OEMs through long-term negotiated supply agreements rather than open-market distribution. Its two anchor customers are Jaguar Land Rover (seven-year $530 million supply agreement covering NMC and LFP chemistries for Range Rover Electric and new Jaguar EV models) and Tata Motors (EV lineup including Sierra EV, Punch EV, and Avinya). Both customers are Tata Group entities, making Agratas an OEM-embedded supplier to the conglomerate's automotive brands. R&D is oriented toward reducing dependence on Chinese battery technology through proprietary LFP and LiMFP development. The company is incorporated in India as Agratas Energy Storage Solutions Private Limited with operations in the UK and India, and is privately held with no public listing.

The business is currently in a heavy capital-investment and construction phase. Combined committed capital exceeds £4 billion, comprising over £3 billion in Tata Group private capital, a £380 million UK government grant under the DRIVE35 Automotive Transformation Fund, over $730 million in bank loans secured in 2025, and a $400 million investment in the Bengaluru R&D facility. Structural construction at both Somerset and Sanand was completed in April 2026, with India commercial production targeted for 2027 and UK pilot production by late 2026, though the UK commercial start has slipped to January 2028 following contractor replacement and budget overruns of at least £500 million.

Agratas firmographics

Firmographics

Name: Agratas
Legal name: Agratas Energy Storage Solutions Private Limited
Website: https://agratas.net
Company type: Private
Founded year: 2019
Operating status: Operating
Headcount range: 251–500 employees
Short description: Agratas is Tata Group's battery manufacturing subsidiary producing NMC and LFP lithium-ion cells for electric vehicles, supplying anchor customers Jaguar Land Rover and Tata Motors through gigafactories in Somerset, UK (40 GWh) and Sanand, India (20 GWh).
Ownership category
akta.pro rank

Agratas industry classification

Industry

Product category: Battery Cell Manufacturing
NAICS: Battery Manufacturing (33591), Electrical Equipment Manufacturing (3353)
SIC: Electronic & Other Electrical Equipment (No Computer Equip) (3600)
akta.pro primary industry: Battery Cell Manufacturing (EV) (IMACACAB)
akta.pro secondary industries: Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH) (IMAGAHAA), Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB), Battery Pack Manufacturing & Module Assembly (EUAFABAI)

Keywords

Lithium-ion battery cells
Electric vehicle batteries
Battery cell manufacturing
Energy storage solutions
Gigafactory battery production

Where Agratas is headquartered

Location

Headquarters

HQ city: London
HQ country: United Kingdom
HQ region: Europe

Offices4 records

Markets served

Agratas business model

Business model

GTM type: B2B
Offering type: Hardware or Manufacturing
Cost components: Infrastructure, Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales

Revenue model

Battery Cell Manufacturing and Sales: Manufacturing and selling lithium-ion battery cells to automotive OEMs and energy storage customers. Revenue generated through long-term supply agreements with anchor customers. Production capacity split between UK (40 GWh) and India (20 GWh) facilities.
EV Battery Supply Agreement with JLR: Seven-year supply agreement worth $530 million with Jaguar Land Rover for NMC battery cells initially, expanding to include both NMC and LFP chemistries. Expected to generate approximately $42 million in revenue in FY27.

Pricing tiers

Model	Billing	Price
Other	Multi-year contract	B2B enterprise pricing through long-term supply agreements

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Agratas product offering

Product offering

Core offering

Agratas designs and manufactures lithium-ion battery cells in two core chemistries: high-energy-density NMC (nickel manganese cobalt) cells for premium electric vehicles and cost-effective LFP (lithium iron phosphate) cells for mass-market EVs and energy storage applications. The company produces these cells at large-scale gigafactories in Somerset, UK (40 GWh) and Sanand, Gujarat, India (20 GWh), supplying anchor customers Jaguar Land Rover and Tata Motors under multi-year supply agreements.

Product overview

Agratas is a global battery business within the Tata Group designing and manufacturing lithium-ion battery cells and energy storage solutions. The company's product portfolio comprises two core battery chemistries: high-energy-density NMC (nickel manganese cobalt) cells for premium electric vehicles supplied to Jaguar Land Rover, and LFP (lithium iron phosphate) cells for cost-sensitive, high-volume EVs and energy storage. Manufacturing operations span two gigafactories—a 40 GWh facility in Somerset, UK and a 20 GWh plant in Sanand, Gujarat, India—supported by R&D facilities in Oxford and Bengaluru focused on next-generation chemistries including LFP and lithium manganese iron phosphate technologies. The company also participates in battery recycling initiatives through partnerships supporting circular economy goals.

Differentiator

Problem solved

Functional benefit

Products and services

High-Energy-Density NMC Battery Cells
LFP Battery Cells
EV Battery Cell Supply to Jaguar Land Rover
Battery Cell Supply to Tata Motors
Energy Storage System Battery Cells

Quantifiable outcome

Expected to generate £43 billion in economic growth over 25 years from UK operations
+2 more outcomes

Companies that use Agratas

Customer profile

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Agratas technology and API

Technology

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Agratas partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered flagship and supporting.

Jaguar Land Rover (JLR)flagshipStrategic or Co-development Partner · 22 June 2026Seven-year $530 million supply agreement for EV battery cells. Initial coverage of NMC battery cells with expansion to include both NMC and LFP chemistries. Anchor customer for Somerset gigafactory production, supporting JLR's EV portfolio including Range Rover Electric and new Jaguar models.
Skills England and UCS College GroupsupportingImplementation/ SI/ Consulting Partner · 21 May 2026Collaboration to launch battery manufacturing apprenticeship unit in just three months to support 4,000 expected jobs at Somerset gigafactory. UK government-backed £1 billion apprenticeship reform programme creating 200,000 new training opportunities. Fast-tracked, industry-aligned training programmes of 1-16 weeks.
Faraday InstitutionsupportingStrategic or Co-development Partner · 24 January 2025Multi-year partnership on postgraduate battery education and talent development for UK battery sector. Aims to build skilled workforce pipeline for gigafactory operations and broader UK battery industry growth.
Tata Projects LimitedsupportingImplementation/ SI/ Consulting PartnerConstruction partner for Sanand, Gujarat battery facility. Main structure completed covering 105,000 square meters with over 24,000 tonnes of steel. Project on track for 2027 production start.
Tonroe Group LtdsupportingImplementation/ SI/ Consulting PartnerReplaced Sir Robert McAlpine as main contractor for Somerset gigafactory in June 2026. Construction budget exceeded projections by at least £500m with start date slipped from 2026 to expected January 2028.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Agratas competitors and assessment

Company assessment

Direct peers

Northvolt: European lithium-ion battery cell manufacturer targeting EV OEMs and energy storage customers. Closely comparable to Agratas in scope (NMC/LFP chemistries for automotive), geography (Western European gigafactory ambitions), and business model (B2B cell supply to OEMs), though Northvolt has filed for bankruptcy restructuring in 2024.
ACC (Automotive Cells Company): European battery cell joint venture between Stellantis, Mercedes-Benz, and TotalEnergies building gigafactories in France and Germany. Comparable as a Western OEM-anchored battery cell manufacturer with multi-GWh capacity, automotive chemistry focus, and similar government-supported funding model.
AESC (Envision AESC): Global lithium-ion battery cell manufacturer supplying multiple OEMs including Nissan, BMW, and Honda. Comparable to Agratas in offering NMC/LFP cells for automotive applications with global manufacturing footprint and OEM-embedded supply agreements.

Emerging players

Verkor: French battery cell startup developing gigafactory capacity in Dunkirk with backing from Renault, BNP Paribas, and others. Comparable as a European-focused cell manufacturer targeting premium automotive customers, though at earlier stage than Agratas.
Faradion: UK-based sodium-ion battery technology company (now owned by Reliance Industries). Comparable as a UK-based next-generation battery R&D player with chemistry innovation focus aligned with Agratas's Bengaluru LiMFP development program.

Broad incumbents

LG Energy Solution: One of the world's largest lithium-ion battery manufacturers supplying Tesla, GM, Hyundai, and other major OEMs globally. Comparable as an established player in NMC and LFP cell manufacturing for EVs with multi-GWh gigafactory footprint across US, Europe, and Asia.
Samsung SDI: Korean battery cell manufacturer supplying premium EVs for BMW, Rivian, Stellantis, and others. Comparable as a tier-1 battery supplier with NMC chemistry focus and ongoing European gigafactory expansion that competes directly with Agratas for European OEM contracts.
CATL (Contemporary Amperex Technology): World's largest battery cell manufacturer with dominant share in EV battery supply. Not a direct peer in terms of scale but represents the primary competitive threat Agratas is built to displace in UK/India OEM supply chains.
BYD: Vertically integrated Chinese EV and battery manufacturer producing LFP cells (Blade Battery) at massive scale. Comparable as a competitor in LFP chemistry with cost leadership that Agratas's LiMFP R&D is intended to counter.

Regional players

Tata AutoComp Systems: Tata Group's automotive components arm with battery pack assembly and EV component manufacturing in India. Comparable as a fellow Tata Group automotive supplier with EV battery exposure, though focused on packs/modules rather than cell manufacturing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Agratas financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Agratas leadership team

Management profile

Number of profiles

Profiles3 records

Agratas funding detail

Funding detail

Funding overview

Funding rounds5 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Agratas M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Agratas

What does Agratas do?

Is Agratas a public or private company?

Agratas is a private company. It is classified as corporate owned and is currently operating.

When was Agratas founded?

Agratas was founded in 2019. It employs 251 to 500 people.

Where is Agratas based?

Agratas is headquartered in London, United Kingdom, in the Europe region.

How does Agratas make money?

Two revenue lines are on record. Battery Cell Manufacturing and Sales are the primary driver. The others are EV Battery Supply Agreement with JLR.

Who are Agratas's main competitors?

Direct peers on record are Northvolt, ACC (Automotive Cells Company) and AESC (Envision AESC). Emerging players are Verkor and Faradion. Broad incumbents are LG Energy Solution, Samsung SDI, CATL (Contemporary Amperex Technology) and BYD. Tata AutoComp Systems is listed as a regional player.

Does Agratas have an API?

No public API is recorded for Agratas.

What industry is Agratas in?

Agratas's product category is Battery Cell Manufacturing. Its primary akta.pro industry code is IMACACAB, Battery Cell Manufacturing (EV), with a secondary code of IMAGAHAA, Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH). Its NAICS code is 33591 and its SIC code is 3600.