Delhi Delhi: Tivolt Electric Vehicles, the EV division of diversified business conglomerate Murugappa Group, has signed a memorandum of understanding (MoU) with Tata Power Renewable Energy Ltd to enhance e-mobility for commercial vehicles, a top official said on Wednesday.The partnership aims to build a strong electric vehicle charging ecosystem by leveraging Tata Power’s expertise in diverse EV charging solutions and Tivolt Electric Vehicles’ rapidly growing network of small electric commercial vehicles across the country.
As per the MoU, Tata Power Renewable Energy Ltd will use its extensive experience in setting up and managing a comprehensive EV charging infrastructure at Tivolt Electric Vehicles’ dealerships, public places and customer locations.Tata Power Renewable Energy Ltd will also explore the possibility of integration of solar power systems to power the dealerships of Tivolt Electric Vehicles Pvt Ltd.
Commenting on the signing of the MoU, Dipesh Nanda, CEO and Managing Director, Tata Power Renewable Energy Limited, said, “Through our partnership with Tivolt, we are enhancing our EV charging network to empower the small and commercial vehicle segment, the key drivers of India’s economy, as they ensure seamless last-mile delivery and efficient transportation.”
“A strong and well-integrated EV ecosystem will accelerate the adoption of commercial EVs, fuelling India’s energy transition and paving the way for a more sustainable future,” Nanda added. Saju Nair, CEO, Tivolt Electric Vehicles, exchanged documents with Virendra Goyal, Business Development Head – EV Charging, Tata Power Renewable Energy Limited, at an event. “We are excited to partner with Tata Power. This will be a key enabler in the electric adoption journey, and the strategic partnership will accelerate the development of EV charging infrastructure,” Nair said.
