December 11, 2024 | Chennai
Tivolt Electric Vehicles, a venture of the Murugappa Group and a subsidiary of TI Clean Mobility, has signed a Memorandum of Understanding (MOU) with Tata Power Renewable Energy Ltd (TPREL) to develop a robust EV charging ecosystem in India. This partnership aims to empower commercial EV users by combining Tivolt’s growing network of small electric commercial vehicles with TPREL’s expertise in diverse EV charging solutions.
Key Highlights of the Partnership
- Strategic Deployment of EV Chargers:
- EV chargers will be installed at Tivolt dealerships, customer locations, and high-traffic public areas.
- TPREL’s extensive experience ensures reliable, easy-to-access charging solutions for small commercial EVs.
- Focus on Small Commercial EVs:
- Tivolt, under its Montra Electric brand, specializes in small and light commercial vehicles, offering practical and sustainable mobility solutions.
- Nationwide Charging Network:
- TPREL’s EZ Charge network includes over 6,500 public and semi-public charging points, along with 1,100 bus charging stations across 530 cities and towns.
Innovation and Sustainability
The partnership goes beyond charging infrastructure:
- Solar-Powered Charging:
- TPREL will explore integrating solar energy at Tivolt dealerships and customer sites.
- This approach reduces carbon emissions and lowers charging costs, making EVs more affordable and sustainable.
- Technology-Driven Solutions:
- Tivolt will leverage advanced technologies to provide a customer-first service ecosystem that ensures reliability and efficiency.
Leadership Insights
- Saju Nair, CEO of Tivolt, emphasized:“This partnership is a critical step in creating a robust, accessible EV ecosystem. By integrating cutting-edge infrastructure with sustainable practices, we’re enabling a cleaner and more efficient future for our customers.”
- Deepesh Nanda, CEO & MD of TPREL, stated:“This collaboration enhances the EV charging network for small and commercial vehicles, accelerating India’s transition to sustainable mobility and supporting economic growth through seamless last-mile transportation.”
Impact on India’s EV Ecosystem
This partnership addresses key challenges in EV adoption for commercial fleets, including:
- Reliable Charging: Ensuring availability in urban and semi-urban areas.
- Lower Costs: Solar integration reduces operating costs for EV owners.
- Sustainability: Aligning with India’s broader renewable energy and emission-reduction goals.
By combining Tivolt’s innovative vehicles with TPREL’s established charging network, the partnership sets a new benchmark for commercial EV mobility in India.
