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May 08,2026

Tata Group and JSW Group Commit $1 Billion for EV Battery Technology Development

Tata Group and JSW Group plan to invest nearly $1 billion in EV and battery technologies to reduce dependence on Chinese expertise. Tata’s battery arm, Agratas Ltd., is investing over $400 million in a Bengaluru R&D facility focused on LFP and lithium manganese iron phosphate technologies. Meanwhile, JSW Motors will invest at least $500 million in advanced EV research.

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