TPEM and HPCL partner to optimize EV charging infrastructure

Tata Passenger Electric Mobility Ltd. has collaborated with Hindustan Petroleum Corporation Limited to setup 5,000 electric vehicle charging stations in India by December 2024.

Gujarat- Tata Passenger Electric Mobility Ltd (TPEM)., credited with starting the electric vehicle revolution in India, has an MOU with Hindustan Petroleum Corporation Ltd. (HPCL) to work together to build public charging stations all throughout the country. By utilizing TPEM's insights from over 1.2 lakh Tata EVs on Indian roads and HPCL's extensive fuel station network, the partnership will install chargers at sites commonly frequented by Tata EV owners. HPCL will also collect data on charger usage in order to enhance the customer experience.

This partnership between TPEM and HPCL aims to investigate synergies between the two firms to encourage more people to use electric vehicles in India, with the ultimate goal of improving the experience of EV owners throughout the nation. Additionally, the two businesses are investigating the possibility of launching an easy-to-use payment system via a co-branded RFID card that will simplify the billing process.

With a market share of more than 68% in electric passenger cars, TPEM leads the Indian EV market. On the other hand, HPCL is dedicated to a sustainable future and has a network of more than 21,500 gasoline stations across the country. By December 2024, HPCL also plans to have 5,000 electric vehicle charging stations installed. With four products in its lineup, TPEM has spearheaded the development of the EV ecosystem in the nation. It started by opening the nation's first EV-only store in Gurugram and collaborated with other charge station operators to expand India's infrastructure for charging EVs. Oppositely, HPCL has deployed 3,050 EV charging stations, including battery swapping stations, throughout the nation.

Mr. Balaje Rajan, Chief Strategy Officer, Tata Passenger Electric Mobility Ltd. and Tata Motors Passenger Vehicles Ltd. said, that, The availability of a robust and ubiquitous charging infrastructure would be essential to bringing EVs mainstream in India as their usage rises. Our commitment to developing India's EV ecosystem, in which the expansion of charging infrastructure plays a critical role, is emphasized by this strategic relationship with HPCL. In order to serve the growing number of EV customers, infrastructure development must be facilitated by this collaboration. With the help of HPCL's wide-ranging national network and TPEM's in-depth knowledge of EV usage, this collaboration has the potential to completely change the nation's charging infrastructure.

Mr. Debashis Chakraverty, Chief General Manager, Retail Strategy & BD, HPCL, said that, With more than 21,000 fueling stations, HPCL has partnered with Tata Motors, which controls 68% of the Indian EV market. Through this partnership, HPCL will take use of Tata Motors' large vehicle base to support our strategic growth of EV charging infrastructure in locations where there is a greater need for charging, which will lessen EV customers' concerns about running out of gas.

Global case studies demonstrate that the adoption of EVs is dependent on widespread and easily accessible charging infrastructure, and that the expansion of this infrastructure leads to an exponential increase in EV adoption. In light of this, the partnership between two of the industry's top businesses is certain to propel India's EV growth into the next stage.