Tata Motors To Unlock MILLIONS in EV Investment - You Won't Believe What Happens Next!

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➡ 0:06 - For its EV division, Tata Motors intends to raise $500 to $600 million

According to the Economic Times, Tata Motors, which dominates the electric car industry in India, intends to raise $500-600 million from international investors for its EV business.

The automaker has ambitious intentions to firmly establish its position in the EV market by releasing 10 new electric vehicles by March 2026.

In India, it already controls the biggest chunk of the EV market.

The company has contacted a number of high-profile investors, impact funds, sovereign wealth funds from the Middle East, Korea, and Singapore, as well as Canadian pension funds, according to the article.

"India will make the switch to electric mobility much more quickly than we anticipate. We are certain that we implemented the ideal course of action, "During the most recent Auto Expo, Tata Motors Chairman N Chandrasekaran made a statement.

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