Tata Motors unit, HPCL join hands to install 5,000 vehicle charging stations by 2024-end

The auto major said that its electric mobility unit, Tata Passenger Electric Mobility (TEPM) has signed a memorandum of understanding (MoU) with Hindustan Petroleum Corporation (HPCL) to establish 5,000 electric vehicle charging stations across India.

The partnership will leverage 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 places frequently visited by Tata EV owners.

Additionally, HPCL will collect insights on charger usage to enrich the customer experience. 

The MoU between TPEM and HPCL focuses to explore teamwork between the two companies to motivate more customers to adopt electric vehicles in the country. The two companies are also in line to roll out a suitable payment system through a co-branded RFID card, which will make the charging experience easier, the company stated. 

While TPEM commands a market share of over 68% in electric passenger vehicles, HPCL boasts a nationwide network of over 21,500 fuel stations and is committed to a sustainable future, it added. 

Furthermore, HPCL aims to set up 5,000 electric vehicle charging stations by the end of 2024. With four products in its portfolio, TPEM has increased the EV ecosystem in the country. On the other side, HPCL has installed a total of 3,050 EV charging stations, including battery swapping stations, across India. 

By Business Correspondent