Tata Motors Aims To Double Number Of EV Charging Stations In India By 2027
Additionally. Tata Motors aims to set up 500 120 kW EV fast-charging stations in association with Tata Power, Chargezone, Statiq and Zeon.
Tata Motors Ltd. has unveiled an ambitious plan to turbocharge India’s EV ecosystem by doubling the number of EV charging stations in two years.
Under the so-called ‘Open Collaboration 2.0’ initiative, India’s largest electric carmaker aims to increase the number of EV charging stations in India to four lakh by 2027. That includes 30,000 fast-charging points in partnership with chargepoint operators and oil marketing companies such as Indian Oil Corporation. Ltd. and Bharat Petroleum Corporation. Ltd.
Additionally, the company has launched the ‘Tata.ev Mega Charger Network’: 500 fast-charging stations rated at 120 kW will be set up in association with Tata Power Co. Ltd., Chargezone, Statiq and Zeon. These will be open to all electric cars and
“This initiative will enhance the speed, reliability, and user experience of charging while improving the viability of CPOs and facilitating their growth,” Shailesh Chandra, managing director of Tata Passenger Electric Mobility, said during an event in Mumbai on Thursday.
“A unified charging helpline and seamless payment solution are being introduced to help address customer concerns and to make the charging ecosystem more accessible and dependable as EV adoption continues to rise.”
Sales of electric cars in India surged to 90,432 units in fiscal 2024 from just 2,377 units in fiscal 2020, according to data sourced from the industry body Society of Manufacturers of Electric Vehicles. That’s moved in tandem with the expansion of the public charging network—from just 150 in the fiscal 2020 to 5,350 in the fiscal 2023, according to Tata Motors.
India, at present, has 150,000-odd EV charging stations and 18,000 fast-charging points, including home chargers.
“Today, public EV charging stations outnumber CNG pumps by 2:1,” Tata Motors EV’s Chief Strategy Officer Balaje Rajan said during the event. “There is at least one fast charger every 5-7 km in big cities. Almost 85% of highways have EV charging stations.”
On Thursday, Tata Motors shares fell 0.11% to Rs 683.65 apiece on the BSE even as the benchmark Sensex ended the day 0.04% lower at 76,138.97 points.
