Tata Looking To Raise $1 Billion By Selling Stake In Its EV Business | Carscoops

previously raised $1 billion from TPG and an Abu Dhabi-based state holding company in 2021 for its EV unit at a valuation of $9 billion.at Auto Expo in Delhi, all of which are set to spawn production models. The first was the Sierra EV which takes the form of a five-door SUV and has a particularly rugged design but is still complete with plenty of modern touches like an LED light bar up front and flush door handles.

A second intriguing concept introduced by Tata was the Harrier EV. It takes the form of an electric version of the Harrier compact SUV but features a new design with overhauled front and rear fascias. It will be based on an electric version of the OMEGA-Arc platform, derived from the D8 platform of the Land Rover Discovery Sport. Other EVs being developed by Tata include the Curvv coupe-SUV and the Avinya, also previewed as a concept.

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