Tata Motors raises close to $1 billion from TPG, ADQ for EV business - NewsBreak
By Ulises in Business
Updated 3 years ago
NEW DELHI, Oct 12 (Reuters) - Indian automaker Tata Motors has raised 75 billion rupees ($994 million) from private equity firm TPG's Rise Climate Fund and Abu Dhabi's ADQ to expand its passenger electric mobility business, the company said on Tuesday. Tata will form a separate electric mobility unit in...