Jaguar Land Rover is the lead partner in the project, investing £50m (Pounds), along with Tata Motors European Technical Centre, Warwick Manufacturing Group (WMG) and the UK Government's Higher Education Funding Council England.
Construction of the nearly £100m (Pounds) NAIC is scheduled to begin in September 2014 at the University of Warwick. Around 1,000 academics, researchers, technologists and engineers will work in the building, which will feature engineering workshops and laboratories, advanced power-train facilities and the latest advanced design, visualisation and rapid prototyping technologies.
The development of the new facility, which will complement Jaguar Land Rover's product creation centres in Gaydon and Whitley, will be co-ordinated by Dr Wolfgang Epple, Jaguar Land Rover's director of research and technology.
In this new board-level role, Dr Epple is leading Jaguar Land Rover's innovation and advanced research initiatives, and has been appointed an honorary fellow at WMG.
"Creating a new national focus for automotive research and consolidating Jaguar Land Rover's growing research and advanced engineering operations in one centre offers us huge potential. With a critical mass of research capability, we will put the UK at the very centre of the global automotive industry - with the NAIC at its hub", he said.
The development of the NAIC project is the next stage in Jaguar Land Rover's long-term research strategy and builds on the success Jaguar Land Rover has enjoyed as part of its long-standing relationship with WMG at the University of Warwick.
Nearly 200 Jaguar Land Rover researchers and engineers are currently based at WMG, collaborating with university experts on a number of projects.
Jaguar Land Rover expects that it will more than double the size of its advanced research team to 500 people by the time the NAIC opens in 2016.
Also, the skills and knowledge that will be developed within these research projects, NAIC will have a key role in developing the skills of schoolchildren and engineering students, who will be able to use NAIC's laboratories and a dedicated engineering education facility.
"The NAIC will become a centre of training and skills to help ensure we have enough young people wanting to develop a career in engineering and manufacturing. NAIC will also play a key role in nurturing the next generation of engineers and technologists", he added.