Tata Group and JSW Group are set to invest nearly $1 billion in electric vehicle and battery technology, focusing on homegrown research capabilities. The push, led by Tata’s Agratas and JSW Motors, is designed to reduce reliance on Chinese EV and battery supply chains by building local know-how. Tata plans over $400 million for battery research, while JSW targets at least $500 million for a research hub.
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