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The partnership will leverage Shell’s widespread fuel station network and TPEM’s insights from over 1.4 lakh Tata EVs on Indian roads to set up chargers at locations frequently visited by Tata EV owners
According to media reports, Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors, is gearing up to launch an initial public offering (IPO) in the next 12-18 months. Reports state Tata’s electric vehicle arm aims to raise $1-2 billion as part of a strategic push.