AESC Group Ltd, owned by China’s Envision, acquired a 12% stake in Tata’s EV battery firm Agratas for ₹66 crore. This marks Tata’s first public Chinese-linked investment in its EV venture. Gordon Louis Chin of AESC joined Agratas’s board, strengthening strategic ties. Tata Sons holds 88% of Agratas, which plans to scale battery production for clients like BMW and Honda.
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