Tata Passenger Electric Mobility (TPEML) and Tata Power Renewable Energy (TPREL), have joined hands to drive zero-emissions mobility in India through a combined solution of Electric Vehicles and Solar Rooftop Systems. Through this collaboration, TPEML will enable customers to get a solar rooftop system installed through TPREL. In addition, both companies will promote EVs / EV Charging and Solar Rooftop Systems to their respective customers to drive awareness of the benefits of solutions.
Electric Vehicles (EVs), which have zero tailpipe emissions, and solar power systems, which generate emissions-free electricity, are both key enablers in India’s journey towards Net Zero emissions. The Government of India has been supporting EVs through multiple initiatives over the last several years, and the recently launched PM Surya Ghar Muft Bijli Yojana aims to provide subsidized solar rooftop installations to 1 crore households.
While both EVs and Solar Rooftop Systems deliver an independent business case for customers, combining the two solutions delivers several additional benefits to customers, such as: reducing the total cost of ownership for EVs, reducing the electricity bill for EV customers, accelerating the payback for solar rooftop owners who buy an EV, providing 100% emissions free power for EVs.
Shailesh Chandra, Managing Director, Tata Passenger Electric Mobility and Tata Motors Passenger Vehicles said, “India’s net zero journey can only be achieved by switching to EVs and renewable power. We see significant synergies between the customers of EVs and solar rooftop systems. Over 90% of EV customers use home charging and nearly 30% of our EV owners are already using Solar Rooftop Systems. Combining forces with Tata Power Renewable Energy Ltd., we intend to democratize zero-emissions mobility and decouple EVs from the grid, while reducing running costs for customers.”
Tata Power Renewable Energy Ltd. through its extensive EV charging network of 5,600 public charging points is strategically positioned across India to provide solar-powered charging solutions; across prominent highways and diverse locations such as hotels, malls, offices, hospitals, residential complexes, etc.