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Tata's British brand Jaguar Land Rover may acquire Addison Lee, a micro-taxi company, hoping to enter the ride-sharing market and enter the driverless field, the Daily Telegraph reported. This would be a move by automakers into the automotive service industry.

Carlyle Group, owner of Addison Lee, is said to have hired Bank of America and Rothschild Bank to evaluate the merger. and is willing to sell the business for between £ 300 million and £ 500 million. Sources said Jaguar Land Rover was among other automakers and technology companies and private equity funds evaluating bids.

Jaguar Land Rover, despite recent negative growth in the Tata Group business, is still lagging behind European competitors in the new energy sector in launching the I Pace pure electric model, and the acquisition will be the third combination of a traditional car company and an Internet company. Adisson Lee operates 5000 taxis in London and will gradually expand to other UK cities.

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