The car manufacturing company , Tata Passenger Electric Mobility and HPCL has signed a memorandum of understanding (MOU) with Hindustan Petroleum Corporation Limited (HPCL) to set up electric vehicle charging facilities across the country.
Right , there are more than 1.2 lakh Tata electric cars on the road. They want to make their EV charging stations at the HPCL oil stations across the country. It will be fully integrated with digital apps so that customers can access it easily. HPCL claimed that it would increase customers’ experience more.
The company gives a statement,”“In an effort to improve the experience of EV owners across India, this agreement between TPEM and HPCL aims to explore synergies between the two companies to encourage more people to adopt electric vehicles in the country. The two companies are also exploring the introduction of a convenient payment system through a co-branded RFID card, which will make the charging experience hassle-free,”
Chief Strategy Officers,Tata Passenger Electric Mobility Ltd, Balaje Rajan said,”“This collaboration is essential for facilitating infrastructure development to support the expanding EV customer base. 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.”
In India, HPCL wants to install 5000 Electric Vehicles (EV) charging stations by December 2024. On the other hand, Tata Motors is the largest electric car selling company in India. Gurugram is also working to set up EV charging stations across the country. On the other hand, HPCL has installed a total of 3,050 EV charging stations, including battery swapping stations, across the country.
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Debashis Chakraverty, Chief General Manager, Retail Strategy & BD, HPCL: “HPCL with its 21,000+ fuel stations has entered into an alliance with Tata Motors that commands 68 percent market share in Indian EV market. Through this alliance, 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”
Article source: Hindustan Times