Quantcast
Channel: Tata Archives - GaadiKey
Viewing all articles
Browse latest Browse all 13

Tata and HPCL sign MoU to optimize EV Charging infrastructure

$
0
0

Tata Passenger Mobility Limited today announced a partnership with India’s leading fuel station brand HPCL (Hindustan Petroleum Corporation Limited) in order to boost its presence in the EV charging infrastructure in India. The two companies signed an MoU to establish and improvize public charging infrastructure in India with mutual collaboration.

Open collaboration in EV Charging

  • By December 2024, Tata and HPCL to together setup 5000 EV charging stations in India
  • Tata and HPCL to launch a co-branded RFID card for a hassle-free charging experience
  • Currently Tata Motors commands 68% market share in Electric passenger vehicles
  • Mr. Balaje Rajan, Chief Strategy Officer, of Tata Motors (Passengers and Passenger Electric Mobility department) and Mr. Debashis Chakraverty of HPCL (Hindustan Petroleum Corporation Ltd.) was at the announcement venue.

Mr Balaje Rajan, Chief Strategy Officer of Tata Motors said in a press statement

“As the adoption of EVs increases, the availability of widespread and dependable charging infrastructure will play a crucial role in making EVs mainstream in India. This strategic partnership with HPCL emphasizes our dedication to advancing India’s EV ecosystem in which the growth of charging infrastructure plays a pivotal role. This collaboration is essential for facilitating infrastructure development to support the expanding EV customer base. Leveraging TPEM’s extensive insights into EV usage and HPCL’s extensive nationwide network, this partnership has the potential to transform the charging infrastructure landscape in the country.”

Mr. Debashis Chakraverty of HPCL (Hindustan Petroleum Corporation Ltd.) said:

HPCL with its 21000+ fuel stations has entered into an alliance with Tata Motors that commands 68% market share in Indian EV market. Through this alliance, HPCL shall leverage Tata Motors’ vehicle base to enable our strategic expansion in EV Charging infrastructure at places with higher charging demand and will help in reducing range anxiety of EV customers”

Currently HPCL has 3,050 charging units across India which includes battery swapping stations. With the partnership with Tata, HPCL aims to add an additional 5,000 touchpoints dedicated for charging EVs by December 2024. Tata Motors is doing well in the EV Space with 4 electric vehicles in its portfolio (Tiago EV, Tigor EV, Nexon EV and Punch EV). Currently there are over 1.2 lakh EVs made by Tata on Indian roads. To improve the customer experience in charging the EVs, HPCL to analyze and get insights on the usage of EV chargers.

The collaboration between these two leading companies is expected to further boost the EV growth in India.

You can add more to this story by commenting below.

Read the full article: Tata and HPCL sign MoU to optimize EV Charging infrastructure


Viewing all articles
Browse latest Browse all 13

Latest Images

Trending Articles





Latest Images