£750 Million Loan! Tata Unit to Build UK’s Largest Battery Plant
Tata’s foray into large-scale battery production aligns with wider industry trends, as global automakers shift towards electric vehicles amid stringent emission targets. Agratas Energy Storage Solutions Pvt., a wholly owned unit of Tata Sons Pvt., has signed a £750 million ($990.79 million) bridge loan with a syndicate of about 15 international banks to fund the…