Tata to Build Rs. 130 Billion Electric Vehicle

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VIVO v29 lite Specification: Amazing Detailed Review

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Tata to Build Rs. 130 Billion Electric Vehicle

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Tata Group signed an agreement with the Gujarat state government to set up a giga-factory for manufacturing lithium-ion cells, modules, and packs.

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The plant will be built in Jamnagar, Gujarat, and is expected to have an annual production capacity of 50 gigawatt hours (GWh) by 2025.

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The investment in the plant is estimated to be Rs. 130 billion (~$1.6 billion).

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The plant will be a joint venture between Tata Chemicals and the Chinese battery maker BYD.

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The plant will use BYD's Blade battery technology, which is said to be safer and more efficient than traditional lithium-ion batteries.

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The plant will cater to the growing demand for electric vehicles in India and other parts of the world.

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The plant is expected to create over 10,000 jobs.

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The plant is a significant step by Tata Group to enter the electric vehicle market.

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The plant is expected to help Tata Group become a major player in the global electric vehicle market.

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The plant is a boost for the Indian government's plan to promote electric vehicles.

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VIVO v29 lite Specification: Amazing Detailed Review

VIVO v29 lite Specification: Amazing Detailed Review

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