Electric vehicles can be charged at HP fuel stations: Deal made with Tata for EV charging station, 1.2 lakh customers will benefit.

Electric vehicles can be charged at HP fuel stations: Deal made with Tata for EV charging station, 1.2 lakh customers will benefit.

Tata Passenger Electric Mobility Limited (TPEM) has signed a deal with Hindustan Petroleum Corporation Limited (HPCL) to expand electric vehicles (EV) charging infrastructure in India. Both the companies together will build EV charging stations at more than 21000 fuel stations (petrol pumps) of HP located in major locations of the country. This will directly benefit 1.2 lakh Tata EV customers. Companies working with RFID for convenient payments Both the companies are also working with Radio Frequency Identification (RFID) for convenient payments at charging stations. Tata has 68% share in India’s EV market. At the same time, HPCL is working on the target of installing 5,000 EV charging stations by December 2024. Tata’s CSO said – EV will become mainstream due to increase in charging stations. Balaje Rajan, Chief Strategy Officer, Tata Passenger Electric Mobility and Tata Motors Passenger Vehicles, said, ‘The purchase of EV is increasing in the country, hence increasing the charging station infrastructure in India. This will help in bringing EV into the mainstream. Our partnership with HPCL will play an important role in our dream of making the EV market big and advanced in India. This partnership was necessary to increase the growing EV consumer base in India. HPCL’s GM said – This will solve the range problems. HPCL’s Chief General Manager, Retail Strategy & BD Debashish Chakraborty said, ‘HPCL has made this alliance with Tata Motors by taking together more than 21000 of its fuel stations. Through this alliance, HPCL will be able to mitigate the range issues of EV customers by expanding EV charging infrastructure at high demanding charging locations. Tata has more than 68% share in the EV market. Tata Passenger Electric Mobility Limited is the market leader in the electric passenger vehicle segment with more than 68% share. The company sold a total of 69,153 units of EV in 2023. Tata Motors will launch Curve, Harrier EV, Sierra and Altroz ​​EV this year. Battery cell prices likely to decline further Vivek Srivatsa, Chief Commercial Officer, TPEM, said: ‘Battery cost is a major part of the overall cost of an EV. Battery cell prices have declined in recent times and may decline further in the coming days. In such a situation, we have chosen to pass this benefit on to the customers. Nexon and Tiago have now become more attractive for customers. Also read this news… Tata reduced the price of Nexon EV by ₹ 1.20 lakh: Tiago EV also became cheaper by ₹ 70,000, customers will get the benefit of fall in battery prices. Tata Motors has reduced the prices of its two electric cars. The price of Nexon EV has been reduced by Rs 1.20 lakh, while the price of Tiago EV has been reduced by Rs 70,000. Prices have been reduced to pass on the benefit of the fall in battery prices to customers. Click here to read the full news…

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