Tata Motors and Magenta Mobility MoU for E-mobility in India

Mumbai- Tata Motors Limited., a commercial vehicle manufacturer, has partnered with Magenta Ev Solutions Private Limited (Magenta Mobility), an E-Mobility solution provider to deploy over 100 units of Tata Ace EVs. This includes more than 60 units of the Ace EV and over 40 units of the recently launched Ace EV 1000. This deployment is part of the memorandum of understanding (MoU) signed between the two companies in October 2023, aiming for 500 units of the Tata Ace EV.

The Ace EV features the EVOGEN powertrain, offering a 7-year battery warranty and a 5-year maintenance package. Its advanced battery cooling and regenerative braking ensure safe, all-weather operation and extended driving range. With regular and fast charging options, it maintains high uptime. Powered by a 27kW motor, it provides excellent pickup and grade-ability, even when fully loaded. Customers have responded positively to its robust performance and near-100% uptime.

Mr. Maxson Lewis, Founder & CEO of Magenta Mobility, said “We are thrilled to deepen our collaboration with Tata Motors, furthering our commitment to delivering safe, smart, and sustainable mobility solutions across India. The deployment of 100+ Tata Ace EVs marks a significant stride towards our ambitious ‘Ab Ki Baar Dus Hazaar’ program, aimed at deploying 10,000 electric vehicles by September 2025. By synergizing Tata Motors’ expertise in four-wheel small commercial vehicles (SCVs) with our integrated capabilities in logistics, charging infrastructure, and technology, this partnership is poised to redefine industry standards.”

Mr. Vinay Pathak, Vice President & Business Head – SCVPU, Tata Motors, said, “Marking a major milestone in our partnership with Magenta Mobility, we take immense pride in the deployment of Tata Ace EVs into their fleet. This reaffirms our shared vision of revolutionising intra-city distribution through advanced, zero-emission mobility solutions. The Ace EV, a product of our co-creation efforts, offers unparalleled performance, reliability and operational efficiency, while contributing to a greener future for India. This deployment is a testament to our unwavering commitment to democratising sustainable e-cargo transportation across the nation. Together, we are paving the way for a cleaner, greener and more environmentally conscious future for India.”

Magenta Mobility, supported by investors like HPCL, bp, Morgan Stanley, JITO Angel Network, and Dr. Kiran Patel, leads the electric mobility revolution in India. Their partnership with Tata Motors and deployment of 100 Tata Ace EVs demonstrate their dedication to decarbonizing logistics and promoting sustainability in transportation.