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Tata considers THESE countries for EV cell manufacturing plants
Tata group is considering setting up plants in India and Europe to produce battery cells for electric vehicles, the chief financial officer of its auto unit said in an interview to Reuters on Thursday. The company has also outlined plans to launch 10 electric models by March 2026. On the sidelines of India's Auto Expo car show in Greater Noida, Tata Motors' PB Balaji said that localizing cell manufacturing for EV batteries is key to increasing local components in electric cars and will help the automaker develop a local supply chain too. "We should announce it sooner rather than later," he said. India's car market, set to become the third-largest in the world, is tiny compared to its population, with electric models making up just 1% of total car sales of about 3.8 million last year, but the government wants to grow this to 30% by 2030. Source - https://www.livemint.com/companies/news/tata-considers-these-countries-for-ev-cell-manufacturing-plants-11673567064887.html
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