Rumors circulate around Tata's Agratas Energy and BharatPe, two prominent names in the headlines
In a significant move for the growth of Tata's battery business, Chinese multinational Envision Group's battery subsidiary AESC has acquired a 12% stake in Tata Group's battery venture, Agratas Energy Storage Solutions, for ₹66 crore in March 2025.
AESC, a Japanese-headquartered EV battery manufacturer now owned by Envision Group, has appointed a representative to Agratas' board, marking the first foreign participation in the battery venture for Tata Group. This investment offers Agratas potential access to AESC’s established battery technology and manufacturing expertise.
Tata Sons retains the remaining 88% ownership of Agratas. The specific details of the acquisition price were not specified in the report, and the terms and conditions of the deal between AESC and Tata's Agratas Energy Storage Solutions are not disclosed.
This acquisition is not the first investment in the battery sector by Tata Group. The acquisition could potentially lead to technological advancements in Tata's battery sector, contributing to the growth of the industry.
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The acquisition of a 12% stake in Agratas Energy Storage Solutions by AESC, a move facilitated by Envision Group, opens a new chapter in Tata Group's battery industry, allowing for potential financial collaborations with established players like AESC in the realm of energy technology. This strategic partnership could spur advancements in Tata's battery sector, further aiding the growth of the overall energy industry.
The finance sector may also benefit from increased investments in the battery sector, as Tata Group's efforts toward technological advancements in this area could attract more interest and funding from various sources.
