Key Highlights
- Tata Passenger Electric Mobility signed a MOU with HPCL today.
- This will help TPEM in expanding its charging infrastructure across India.
- HPCL plans to set up 5,000 charging stations by the end of the year.
Tata Passenger Electric Mobility Ltd. (TPEM) has joined hands with Hindustan Petroleum Corporation Ltd. (HPCL) to expand and optimise its charging infrastructure across India. This will help TPEM to set up charging stations at locations most frequented by Tata EV owners. HPCL will be able to improve its customer experience by gathering insights from charger usage.
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Table of Contents
What’s ahead for Tata Passenger Electric Mobility
Signing the MOU with HPCL will help Tata Passenger Electric Mobility extend its charging coverage across the nation, thereby encouraging more buyers to opt for EVs. HPCL’s existing fuel stations in India will provide the necessary base infrastructure to set up charging stations. The two companies are also working on a payment system using a co-branded RFID card for fuel and charging transactions.
Owning a market share of over 68% in passenger EVs, Tata Passenger Electric Mobility is the biggest EV maker in India. It also has the biggest portfolio of electric cars in India. Meanwhile, HPCL has a network of 21,500 fuel stations spanning the entire nation. By the end of the year, HPCL plans to install 5,000 EV charging stations in India. Currently, the company boasts 3,050 charging stations across the country.
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 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.”
According to Debashis Chakraverty, Chief General Manager, Retail Strategy & BD, HPCL, “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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Conclusion
Currently, Tata Passenger Electric Mobility’s portfolio in India consists of Tata Tigor, Tiago, Punch, and Nexon EVs. The automaker plans to introduce all-electric versions of Sierra, Harrier, Safari, Altroz, and Curvv by 2025. The Curvv EV is next in line for launch.
