Tata Power EV Charging Solutions, a Tata Power Group company, and Indian Oil Corp. Ltd (IOCL) have signed a Memorandum of Understanding (MoU) to roll out fast and ultra-fast electric vehicle (EV) charging points across India. The collaboration will see Tata Power install 500+ EV charging points across multiple IOCL retail outlets.
These EV charging points will be installed in major cities like Mumbai, Delhi, Kolkata, Bengaluru, Ahmedabad, Pune, and Kochi, as well as across major highways such as the Mumbai-Pune Expressway, Salem-Kochi Highway, Guntur-Chennai Highway and the Golden Quadrilateral.
“This strategic collaboration focusses on building a reliable and expansive intercity charging network which will help alleviate range anxiety for EV owners travelling between cities,” stated Tata Power. “EV users will have a dual advantage of a seamless EV charging experience through the Tata Power EZ Charge app and IndianOil e-Charge mobile app that can be used to locate and book the chargers at their convenience. “
IOCL aims for 10,000 EV charging stations by 2024, transforming the retail network to complete energy solutions outlets. With more than 6,000 EV charging stations at present, the company plans to keep expanding its reach.
Tata Power claims to have nearly 60% share of the electric vehicle charging market. It has a nationwide network, reaching more than 420 cities, and offers a comprehensive array of charging solutions, including over 62,000 home chargers, 4,900 public and semi-public charging points, and 430 bus charging stations.
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