Agratas Ltd, the Tata Group’s UK-based battery unit, invested over £40 million (₹480 crore) in AESC Apollo, a Chinese-owned electric vehicle (EV) battery company, according to recent filings. The move was disclosed this week and highlights a growing collaboration between Tata and major Chinese EV infrastructure players.
The investment forms part of a twin technology and equity alliance between Agratas and AESC Apollo, designed to protect intellectual property while securing mutual investments. Industry executives noted that the deal’s structure ensures both companies can safely safeguard their technology and financial interests, reflecting a strategic partnership approach.
This alliance marks a significant development in the Indian EV battery sector, where collaborations with Chinese firms have become more common. Tata’s engagement with AESC Apollo aligns with broader trends of Indian conglomerates partnering with Chinese entities to accelerate EV infrastructure growth. The deal also follows other major investments in the sector, underscoring the competitive dynamics of the battery market.
Agratas’s filings revealing this investment were made public on July 9, 2026, providing transparency on the evolving relationship between Tata and Chinese EV firms. The partnership is expected to influence Tata’s EV battery strategy as the company expands its footprint in the electric vehicle ecosystem.