As you know, the demand for EVs is increasing day by day. Due to inflation, people are becoming more attracted to electric vehicles. According to some media reports, the EV sector has seen a lot of growth in the last few years. Keeping this in mind, Tata Motors, which has a large share in the EV market, plans to double the number of charging stations for EVs in the country in the next two years.
Euler Motors has entered into a strategic partnership with Tata Power Renewables with the aim of strengthening the fast-charging network for its customers. Under this agreement, Tata Power will install, operate and maintain rapid chargers for Euler Motors at key demand locations. Euler Motors will provide the required space to Tata Power free of cost for this. The company claims to be the leading commercial EV manufacturer to offer fast charging facility in the three-wheeler and four-wheeler segments.
Tata Motors has also taken a big step to double the charging infrastructure with the increasing demand for EVs. The company has set a target to double the number of EV charging stations across the country in the next two years. The target is to set up about four lakh charging stations by 2027, for which agreements are being made with Indian Oil Corporation, Bharat Petroleum Corporation and other charge point operators.
Tata Motors has recently launched around 500 fast charging stations under the ‘Tata.ev Mega Charger Network’, which will operate at a rating of 120 kW. Partnerships have also been made with companies like Chargezone, Statiq, Zeon and Tata Power to expand this network. According to Shailesh Chandra, Managing Director, Tata Passenger Electric Mobility, “This initiative will improve charging speed, reliability and user experience. Along with this, a unified charging helpline and payment solution will also be provided to the customers.”
EV sales in the country reached around 90,432 units in the last financial year, while currently there are 1.5 lakh EV charging stations in India. According to a report by FICCI, a capital expenditure of about Rs 16,000 crore will be required to meet the public charging needs of EVs by 2030. This report analyzed more than 700 cities, with charging infrastructure being prioritized in the top 20 cities and 20 major highways.
This partnership will not only make charging convenient for EV users but will also strengthen India’s green mobility mission.
For more information visit Euler Motors and Tata Power
