Tata subsidiary signs EV network deal

Tata Passenger Electric Mobility will ensure HPCL charging stations are compatible with its EVs

Tata subsidiary signs EV network deal
HPCL has over 21,500 fuel stations in India

Indian auto giant Tata Passenger Electric Mobility (TPEM) has signed an MOU with retail fuelling company Hindustan Petroleum Corporation (HPCL) to collaborate on rolling out public charging stations across India.

HPCL has a nationwide network of over 21,500 fuel stations. It has already installed a total of 3,050 EV charging stations and aims to install 5,000 stations by December 2024.

TPEM will help HPCL with the rollout, using its experience working with various charge point operators to ensure that the network is compatible with Tata vehicles.

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,” says Balaje Rajan, Chief Strategy Officer at TPEM.

The two companies are also exploring the introduction of a payment system through a co-branded card.

TPEM is the EV market leader in India, with a market share of 68pc sales in 2023.

“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,” says Debashis Chakraverty, Chief General Manager for Retail Strategy at HPCL.

Collaborations on EV charging infrastructure in India are becoming more prevalent as vehicle adoption in the country grows.

Tax exemptions on BEVs and HEVs – as well as a government target of achieving 30pc BEV share of all vehicle sales by 2030 – are boosting registrations.

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India will need to grow its number of charging station from just over 12,000 currently to at least 1.32mn stations by 2030 to facilitate the rapid adoption of EVs, according to a report released by the Confederation of Indian Industry last year.

Earlier this week Indian auto manufacturer Mahindra & Mahindra (M&M) signed a memorandum of understanding (MoU) with Adani TotalEnergies E-Mobility Limited (Atel) to create an EV charging network.

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