Tata Power EV Charging Solutions Limited (TPEVCSL), a subsidy of Tata Power group, an India Largest integrated power company and Zoomcar, a leading marketplace for car sharing, have entered into a Memorandum of Understanding (MoU) to promote widespread electric vehicle adoption and deliver a seamless, user-friendly charging experience to EV users nationwide.
The MoU was signed between Tata Power EV Charging Solutions Limited (TPEVCSL) and Zoomcar in Mumbai in the presence of Ashish Khanna, CEO, Tata Power Renewable Energy Limited; Virendra Goyal, Head Business Development, EV Charging, Tata Power; and Greg Moran, CEO and Co-Founder, Zoomcar. Tata Power EV Charging Solutions Limited is a wholly owned subsidiary of Tata Power Renewable Energy Limited.
This collaboration aims to promote Tata Power’s EZ Charge points on the Zoomcar platform and will focus on supporting existing and aspiring EV owners along with Zoomcar’s existing customers. Valuable insights on Tata Power’s extensive network of EZ Charge points all across the country will provide these customers with easy access to streamline the EV charging process and address the challenges often associated with using the charging infrastructure. This will encourage more people to list their EVs on Zoomcar’s platform and potential customers to opt for them.
Tata Power has an extensive EV charging infrastructure: EZ Charge includes over 50,000 home chargers, 4370+ public and semi-public charging points, and 250 bus-charging points across 350 cities including multiple highways. The company aims to establish 25,000 charging points in the next five years, bolstering the national EV ecosystem and driving sustainable mobility growth. Zoomcar, has over 20,000 cars on its technology-driven platform across India, Indonesia, and Egypt.
“This collaboration with Zoomcar is another milestone in our journey to speed up the green mobility transition in the country. As India’s leading EV charging infrastructure provider, we are constantly collaborating with industry partners such as Zoomcar to develop a technologically advanced and robust EV ecosystem in the country.” said, Dr. Praveer Sinha, CEO & MD, Tata Power.
Greg Moran, CEO & Co Founder, Zoomcar, stated, “We are very excited to embark on this journey with Tata Power, leveraging their position as a leader in the field of EV charging. At Zoomcar, we strive to be at the forefront of creating innovative solutions that can help shape the mobility industry. Our car-sharing platform is perfectly suited for electric vehicles and we expect to grow 50 % of our platform by 2025. This mutual partnership is poised to create a comprehensive ecosystem that fulfils the evolving needs of EV enthusiasts
