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"Tata seeks partnerships for UK Battery Plant"
The Business Guardian
|August 22, 2023
Tata Sons is in talks with several companies to get the technical know-how it needs for its £4 billion ($5.1 billion) battery project in the UK, where mass production is expected to begin in 2026.P.B. Balaji, chief financial officer of Tata Motors Group, stated in an interview conducted in Mumbai that “if you look at the startups that are working in this space, they are at the forefront of technology
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“There are a variety of opportunities. We are conversing with a great many of them,” he said.
The collaborations for the battery plant, capable of supplying cells for at least 500,000 vehicles a year, could range from a joint venture and sharing of knowledge to experimentation and licensing agreements, Balaji said.
This story is from the August 22, 2023 edition of The Business Guardian.
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