Tata Passenger Electric Mobility, Hindustan Petroleum collaborate to expand EV charging infrastructure
In a significant move to foster the electric vehicle (EV) revolution in India, Tata Passenger Electric Mobility Ltd. (TPEM) has signed a Memorandum of Understanding (MOU) with Hindustan Petroleum Corporation Ltd. (HPCL). This collaboration aims to leverage HPCL’s vast fuel station network and TPEM’s deep insights from over 1.2 lakh Tata EVs on Indian roads, to establish public charging stations across the nation. This initiative not only aims to enhance the EV owner experience but also to facilitate easier adoption of electric vehicles in India by improving charging infrastructure accessibility.
The partnership between TPEM and HPCL is designed to explore synergies that encourage more individuals to adopt electric vehicles. With plans to introduce a co-branded RFID card for convenient payment, the initiative seeks to make the EV charging process seamless for users. TPEM, leading the EV market in India with a commanding share of over 68%, and HPCL, with its extensive network of over 21,500 fuel stations, are committed to a sustainable future. HPCL’s goal to install 5,000 electric vehicle charging stations by December 2024 complements TPEM’s efforts in growing India’s charging infrastructure.
Balaje Rajan, Chief Strategy Officer at Tata Passenger Electric Mobility Ltd. and Tata Motors Passenger Vehicles Ltd., emphasizes the critical role of a widespread and reliable charging infrastructure in mainstreaming EVs in India. “This strategic partnership with HPCL underscores our dedication to advancing India’s EV ecosystem,” Rajan notes, highlighting the collaboration’s potential to significantly enhance the country’s charging infrastructure landscape.
Echoing this sentiment, Debashis Chakraverty, Chief General Manager of Retail Strategy & BD at HPCL, points to the strategic expansion in EV charging infrastructure as a key step in addressing the range anxiety among EV customers. This alliance is set to utilize Tata Motors’ significant market presence to identify high-demand locations for charging stations.
The collaboration between Tata Passenger Electric Mobility and Hindustan Petroleum Corporation is poised to set a benchmark in the EV industry, mirroring global case studies that underline the importance of convenient charging infrastructure in driving EV adoption. By pooling resources and expertise, TPEM and HPCL are well-positioned to catalyze the next phase of EV growth in India, ensuring that the country’s transition to sustainable transportation continues to gain momentum.
This strategic partnership marks a pivotal step towards addressing the critical need for charging infrastructure, thereby supporting the burgeoning EV customer base and making electric vehicles a mainstream choice for consumers in India.
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