Tata Passenger Electric Mobility Ltd. (TPEM), known for pioneering India’s electric vehicle revolution, has signed an MOU with Hindustan Petroleum Corporation Ltd. (HPCL) to collaborate in establishing public charging stations across India. The collaboration 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 locations frequently visited by Tata EV owners. Additionally, HPCL will gather insights on charger usage to improve the customer experience.
The agreement aims to promote the adoption of electric vehicles and introduce a convenient payment system using a co-branded RFID card. TPEM, the market leader in EVs, holds a 68% share in the market. HPCL, the country’s largest EV retailer, has a nationwide network of over 21,500 fuel stations and aims to install 5,000 charging stations by December 2024.
TPEM has led the EV ecosystem in India, introducing its first EV exclusive store in Gurugram and working with various operators to expand charging infrastructure. HPCL has installed 3,050 EV charging stations, including battery swapping stations, across the country. Balaje Rajan, Chief Strategy Officer, Tata Passenger Electric Mobility Ltd. and Tata Motors Passenger Vehicles Ltd. said, “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.”
