#India’s #Tata Group signs $1.6 billion EV battery plant deal

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June 2, 202310:48 AM EDTUpdated 2 days ago

A Tata Motors logo is pictured outside the company showroom in Mumbai

AHMEDABAD, June 2 (Reuters) – India’s Tata Group signed an outline deal on Friday on building a lithium-ion cell factory, based on investment of about 130 billion rupees ($1.58 billion), as part of the nation’s efforts to create its own electric vehicle supply chain.

Read more at: https://www.reuters.com/business/autos-transportation/indias-tata-group-signs-16-bln-ev-battery-plant-deal-2023-06-02/

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