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TVS Motor Company, one of India's leading manufacturers of twowheelers and three-wheelers, has entered into a strategic partnership with Tata Power. 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 partnership aims to create a large dedicated electric two-wheeler charging infrastructure to accelerate electric mobility in India, TVS Motor said in a filing on Tuesday. 

This will also give the customers of TVS iQube Electric access to the widespread charging network by Tata Power through the TVS Motor 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. The two companies will also explore opportunities to use solar energy to power select TVS Motor locations.

TVS said that 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, it said.

Tata Power shares were trading over 8% higher at 183 per share on the BSE in Tuesday's session.

 

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