This Indian Auto Giant Is Working With Its Partner Firms To Bring A Complete EV Ecosystem In The Country

While most of the auto makers have announced their plans to add electric vehicle (EV) in their portfolio in India, Tata Motors is planning to take things a step ahead. Instead of just launching EV products, the firm is working with its sister entities to develop a complete EV ecosystem in the country. The concerned firms include Tata Capital and Tata Power, as mentioned by Tata group Chairman N Chandrasekaran on Thursday.

The ongoing efforts were mentioned during Chandrasekaran¡¯s new year address to 7 lakh plus Tata group employees. The group Chairman was aiming to shed light upon the synergy between the group companies, revealing how the firms are working together to create new business opportunities.

First batch of Tata Tigor EVs being flagged-off for self-rides. (Tata Motors)

Chandrasekaran said, ¡°Tata Motors is leading the effort to develop an electric vehicle (EV) ecosystem in partnership with Tata Capital for financing and Tata Power for the charging infrastructure network.¡±

He further added that similar efforts are underway in several areas including payments, group loyalty programmes, and shared services.

Tata Motors has been working since long to push for an EV transformation in the country¡¯s transportation scenario. Apart from announcing its own all-electric vehicles due to be launched soon, the company is also participating in tenders to supply such EVs to the government departments. It had also participated in an EESL¡¯s plan to procure 10,000 EV units, a deal that is still under development.

Tata Tigor EV being handed to EESL under the pact (Tata Motors)

Back in September, Tata Power also joined hands with HPCL, to open up charging stations at latter's retail outlets and locations across the country. Tata Powers recently also announced its plans to install 1000 charging points in the Delhi-NCR region.

If Tata Group continues this trend of collaborating with internal and external firms alike to embrace the shift in the transportation model, it might find itself at the top of the EV industry till the time India finally embraces an EV culture, with stakes in the vehicles and the charging infrastructure.