TVS Motor Company on Tuesday entered into a strategic partnership with Tata Power, one of India’s largest integrated power companies.
As part of the MoU, the two companies agreed to drive the comprehensive implementation of Electric Vehicle Charging Infrastructure (EVCI) across India and deploy solar power technologies at TVS Motor locations, the company said in a press release.
The partnership aims to create a large dedicated electric two-wheeler charging infrastructure to accelerate electric mobility in India.
This will also give the customers of TVS iQube Electric access to the widespread charging network by Tata Power through the company's customer connect app and Tata Power EZ Charge app across India.
The partnership aims to create a regular AC charging network and a DC fast-charging network for electric two-wheelers. This partnership will further help drive EV adoption among two-wheeler customers who aspire to take a step in going electric.
With increasing concerns about global climate change developments, solar energy will play an important role going forward. In addition, expanding technologies in solar energy will play a vital role in the shift towards clean energy adoption by consumers.
With this intent, the two companies will also explore opportunities to use solar energy to power select TVS Motor locations in their journey towards sustainability.
Sudarshan Venu, Joint Managing Director, TVS Motor Company, said this collaboration with Tata Power marks yet another significant milestone towards enabling a greener future for the country. Our partnership will substantially enhance customer convenience through world-class fast-charging solutions.
Praveer Sinha, CEO & MD, Tata Power, said, 'Through this collaboration, we will further leverage our expertise to enhance synergy between sustainable mobility and renewable energy integration resulting in the creation of a robust EV charging eco-system across India.”
The company’s MoU with Tata Power is in line with its commitment to expanding the presence of TVS iQube Electric in over 25 cities within the next few months. The electric scooter is presently available in Delhi, Bangalore, Chennai, Pune, Kochi, Coimbatore, Hyderabad, Surat, Vizag, Jaipur, and Ahmedabad.
Tata Power has an expansive network of over 5,000 home chargers and over 700 public chargers in more than 120 cities in India. The company is present across all segments of the EV eco-system– public charging, captive charging, home and workplace charging stations, and has deployed all types of chargers, including DC chargers and AC Chargers.