TPEM, HPCL partner to optimise EV charging infrastructure
The partnership aims to improve the experience of EV owners in India and encourage more people to adopt electric vehicles.
Tata Passenger Electric Mobility (TPEM) has partnered with Hindustan Petroleum Corporation (HPCL) to establish public charging stations for electric vehicles (EVs) across India. This collaboration will use HPCL's widespread fuel station network and TPEM's insights from over 1.2 lakh Tata EVs on Indian roads to set up chargers at locations frequently visited by Tata EV owners. HPCL will also use data on charger usage to improve the customer experience.
The partnership aims to improve the experience of EV owners in India and encourage more people to adopt electric vehicles. TPEM and HPCL are exploring synergies to achieve this goal, including the introduction of a convenient payment system through a co-branded RFID card that will make the charging experience hassle-free.
TPEM is the market leader in EVs in India with a market share of over 68% in electric passenger vehicles, while HPCL has a nationwide network of over 21,500 fuel stations and is committed to a sustainable future. HPCL aims to install 5,000 electric vehicle charging stations by December 2024.
Commenting on this partnership, Balaje Rajan, Chief Strategy Officer, Tata Passenger Electric Mobility Ltd. and Tata Motors Passenger Vehicles Ltd. said, “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 emphasises 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".
Debashis Chakraverty, Chief General Manager, Retail Strategy & BD, HPCL, shared “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”.
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27 Mar 2024
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