CALCULATE YOUR SIP RETURNS

Tata Power Renewable Energy and Tata Motors Join Forces to Expand EV Charging Network

24 September 20243 mins read by Angel One
Tata Power’s subsidiary and Tata Motors set up 200 fast-charging stations for electric commercial vehicles across major Indian metros, expanding EV charging solutions.
Tata Power Renewable Energy and Tata Motors Join Forces to Expand EV Charging Network
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Tata Power Company Limited has announced that its subsidiary, Tata Power EV Charging Solutions Limited (a subsidiary of Tata Power Renewable Energy Limited), one of India’s leading EV charging providers, has signed a Memorandum of Understanding (MoU) with Tata Motors Limited, India’s largest commercial vehicle manufacturer. 

Together, Tata Power EV Charging Solutions Limited and Tata Motors aim to establish 200 fast-charging stations for electric commercial vehicles (CVs) across major metropolitan cities, including Mumbai, Delhi, Chennai, Bengaluru, and Kolkata. This initiative builds on their existing partnership to promote sustainable mobility, with a focus on offering convenient charging solutions for small electric CVs.

As part of the collaboration, Tata Motors and Tata Power will offer exclusive charging tariffs for Tata Motors’ electric CV owners, helping to reduce operational costs and boost profitability. Electric CV users nationwide will soon benefit from access to nearly 1,000 strategically located fast chargers as the charging network expands.

Tata Power, through its EZ Charge brand, has already built a vast network of over 1,00,000 home chargers, 5,500+ public, semi-public, and fleet charging points, and 1,100+ bus charging stations across 530 cities. Tata Motors also supports the Ace EV, an advanced electric small commercial vehicle, with over 150 EV service centres nationwide. The Ace EV is equipped with smart technologies like a battery management system and telematics to enhance vehicle uptime and safety.

Commenting on this collaboration, the Vice President and Business Head – SCV&PU, Tata Motors, Mr Vinay Pathak, said, “We’re pleased to strengthen our partnership with Tata Power to transform the electric commercial vehicle landscape by ensuring ease of access of fast chargers at convenient locations across the country. It has been our endeavour to not only engineer and manufacture world-class electric vehicles, but also help develop the necessary ecosystem to democratise the use of these eco-friendly and emission-free vehicles. This partnership will also explore avenues to maximise the use of renewable energy to make electric vehicle operations greener.”

The CEO and MD of Tata Power Renewable Energy Limited, Mr Deepesh Nanda, said, “With one of the largest EV Charging networks across the country, Tata Power has been enabling electric vehicle owners through its reliable and accessible charging solutions across the country. Already present across diverse segments such as public, semi-public, bus/fleet, and home chargers, we are expanding to the commercial vehicle charging segment, delivering integrated EV charging solutions. This collaboration underlines our commitment to accelerating e-mobility by providing an expansive and reliable EV Charging network across India.”

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

We're Live on WhatsApp! Join our channel for market insights & updates

Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage on Equity Delivery

Get the link to download the App

Send App Link
Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Enjoy ₹0 Account Opening Charges