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Tata Motors says 20 percent rise in battery cell costs increasing short-term pressure

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NEW DELHI: Tata Motors, India’s top-selling electric carmaker, said the cost of battery cells had increased by around 20 percent because of a global surge in raw material prices, mainly lithium, putting pressure on the company in the short-term. Shailesh Chandra, managing director of the passenger vehicles and electric mobility subsidiaries, told Reuters that cell prices have

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