Indian carmaker Tata Motors has begun talks with sovereign wealth funds and private equity investors to raise up to $1 billion via a stake sale in its electric vehicle (EV) business, Economic Times reported on Thursday, citing sources. The company plans to sell a significant minority stake, the newspaper report added, eyeing a valuation of […]
Tata Motors
Uber Technologies will introduce 25,000 electric vehicles (EVs) in India for ride-sharing over three years, its country head said on Monday, its first move to adopt clean cars. The EVs will be bought by Uber’s fleet partners from Tata Motors, India’s biggest electric carmaker, Prabhjeet Singh, president, Uber India and South Asia told Reuters. “We […]