HPCL and Tata build charging network in India
HPCL already operates a total of 3,050 EV charging and battery swapping stations across the country. Moreover, it has more than 21,500 petrol stations in India that serve as ideal locations for new EV infrastructure.
Tata Motors has an over 68 per cent market share in electric passenger vehicles in India. The cooperation “aims to explore synergies between the two companies to encourage more people to adopt electric vehicles in the country.” The two companies will also introduce a co-branded RFID card for a “convenient payment system.”
The companies did not provide any details about the partnership other than that they want to install 5,000 EV chargers by the end of the year. It is thus not clear where exactly the chargers will be set up or what technology will be used.
“This collaboration is essential for facilitating infrastructure development to support the expanding EV customer base,” says Balaje Rajan, Chief Strategy Officer, Tata Passenger Electric Mobility Ltd. and Tata Motors Passenger Vehicles Ltd. “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.”
This is not Tata’s first deal with a petrol company. In December 2023, it signed an agreement with Bharat Petroleum Corporation to set up some 7,000 charging stations this year. Here, too, the companies want to offer a co-branded RFID card, which Tata writes will make payment more accessible for customers and encourage EV adoption.
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