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Tata to scrap UK electric cars project if 10-mn pound loan is delayed

London, July 19 (ANI): Tata Motors executives will warn Business Secretary Lord Mandelson that they will scrap plans to build electric cars in the UK if it does not receive a 10 million pound loan soon. The company is furious after being told by officials from Mandelson's Business Department last week that it needed more time to find out if the venture will be considered for the loan, taki   read more »

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