Monday, March 4, 2024

Tata Motors will install 10,000 charging stations for EVs

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Tata Motors, one of the major automobile companies, will install about 10,000 charging stations for electric vehicles (EV) in the next two years. For this, tie-ups have been made with operators like Chargezone, Glida, Statiq and Zeon. Tata Motors ranks first in the EV segment of the country. It also has a large EV charging network.

The company has more than 1.15 lakh customers in the country. electric vehicles Has been sold. Chargezone, Glida, Statiq and Zeon have around 2,000 charging stations across various cities in the country. With the tie-up with Tata Motors, their number will increase to around 12,000. Tata Motors has three electric cars – Nexon EV, Tigor EV and Tiago EV. It plans to launch three more electric vehicles in the next one year. In the second quarter of Tata Motors, sales of commercial vehicles increased by six percent to 99,178 units. EV sales have been increasing rapidly. The EV market in the country has doubled in the first half of the current year as compared to the same period last year. Recently, market research firm Canalys had reported that EV sales in the first half were 48,000 units. There has been an increase of about 137 percent on year-on-year basis. Tata Motors has sold 34,000 units of EV in the first half. The company has a share of about 72 percent in this market.

best seller in the country EV Tiago is from Tata Motors. After this there are Nexon and Tigor of the same company. Mahindra’s XUV400 is in fourth place. Recently the company had said that its electric cars have traveled about 1.4 billion kilometers in the country. Sales of electric vehicles have increased rapidly in the last few years.

Its Tiago EV is one of the most affordable electric cars. Its price ranges between Rs 8.69 lakh to Rs 12.04 lakh (ex-showroom). Its Tigor EV can be purchased at a price ranging from Rs 12.49 lakh to approximately Rs 13.75 lakh. Its range is about 315 kilometers on a single charge. The Nexon EV has two versions, Prime and Max. Its price is between Rs 14.49 lakh to Rs 17.19 lakh.

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