Tata Group’s Nationwide EV Charging Station Initiative: Partnership with Shell India Announced
The Tata Group is planning to set up charging stations across the country in a short period. For this initiative, Tata Passenger Electric Mobility Limited (TPEM) has recently signed a non-binding Memorandum of Understanding (MoU) with Shell India Markets Private Limited (SIMPL).
Both companies aim to leverage their capabilities and resources to address concerns regarding range anxiety and charging access for electric vehicles (EVs). Currently, people are hesitant to adopt electric vehicles due to issues related to range and charging.
One significant reason for the low sales of EVs at present is the lack of charging stations. Through this partnership, Tata Passenger and Shell India aim to encourage people to adopt electric vehicles. Both companies also plan to introduce payment systems and loyalty programs to enhance convenience for users.
Both companies will establish charging stations nationwide. Through this partnership, Shell’s nationwide fuel station network and Tata Passenger Electric Mobility’s charging station network will cover India’s roads, serving Tata’s 1.4 million electric vehicles with details derived from the use of electric vehicles (EVs). Tata states that charging stations will be established wherever Tata electric vehicle owners frequently visit.
In the context of electric passenger vehicles, Tata Passenger Electric Mobility holds a 71% market share. The company has inaugurated its first EV-exclusive store in Gurugram. Moreover, the company has collaborated with many charging point operators to develop charging infrastructure across the country.
Shell India is a global energy company, and its subsidiary, Shell Petrol Company, operates in India. The company demonstrates expertise in energy solutions and infrastructure development. Shell’s EV charging locations offer ultra-fast charging with 98%-99% charger uptime.
The collaboration between Tata Group and Shell India will lead to economic growth and create opportunities in the EV sector. The infrastructure development for charging will not only generate jobs but also stimulate growth in related industries, fostering innovation and entrepreneurship.
This partnership will incentivize the adoption of electric vehicles and support the goal of reducing vehicle emissions. It will also support the target of reducing vehicle production and increasing vehicle recycling.