Tata Motors secures $1bn investment for new passenger EV business from TPG
Tata Motors Ltd (TML) said that it has reached a binding agreement with TPG Rise Climate under which the latter alongside its co-investor ADQ will invest INR 7,500 crores ($1 billion) in its new passenger electric vehicle (EV) business. The Indian automotive manufacturer is expected to incorporate a new subsidiary, which has been valued at […]