Correct Answer : Option (A) - HPCL and Tata
Tata Passenger Electric Mobility (TPEM), a unit of Tata Motors, has announced a strategic partnership with Hindustan Petroleum Corporation Ltd (HPCL) to establish a nationwide network of 5,000 public charging stations for electric vehicles (EVs) by the end of 2024.
Leveraging Existing Networks :
* The collaboration will leverage HPCL’s extensive network of over 21,500 fuel stations across the country.
* TPEM’s insights from over 1.2 lakh Tata EVs on Indian roads will help identify locations frequently visited by Tata EV owners for setting up charging stations.
Memorandum of Understanding (MoU) :
* TPEM and HPCL have signed an MoU to formalize their collaboration in building the charging infrastructure.
* The companies are also exploring the introduction of a co-branded RFID card to provide a convenient and hassle-free payment system for EV charging.
HPCL’s EV Charging Ambitions :
* HPCL aims to install 5,000 electric vehicle charging stations by December 2024, leveraging its extensive fuel station network.