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The Economic Times

Economy / The Economic Times

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Tata Group, JSW to plow $1 billion in EV, battery tech

Indian giants Tata Group and JSW Group are investing close to $1 billion. They are building local capabilities in electric vehicle and battery technologies. This move aims to reduce dependence on Chinese tech. Tata's Agratas is spending over $400 million on battery research. JSW Motors plans to invest at least $500 million in a research hub.

7 May 2026 2:55 pm