Tata Will Set Up 2,700 Fast Charging Stations In India, Make Electric Vehicles More Practical
As the adoption of electric vehicles (EVs) grows in India, so does the need for a network of fast charging stations.
Tata AutoComp Systems, a subsidiary of the Tata Group, has announced signing a Memorandum of Understanding (MoU) with Australia-based Tritium, through which the Indian firm seeks Tritium’s Veefil-RT 50kW DC fast chargers and bring them to the Indian market.
The deal will essentially ensure that the Tata Group is at the forefront of the EV revolution in India.
Tata Motors, the automotive arm of the group, has already announced its plans to roll out EVs in all forms in the coming years. Currently the firm has two EV offerings in the country, which, for now are restricted to use by government officials.
Tritium comes as the right partners for Tata AutoComp Systems for the task. The firm has installed its DC fast chargers in a total of 26 countries to date. In 2018, Tritium achieved a major milestone in Europe, signing a major deal to supply its Veefil-PK HPC systems to the IONITY network (a joint charging venture between BMW, Ford, Daimler and Volkswagen).
Presently, the firm has two varieties of charging stations to offer: Veefil RT – a 50kW DC Fast Charger meant for compact spaces and existing structures, and a Veefil PK high power charging station. The former is for those seeking charging points for existing public spaces, with low installation cost and a slim and compact design.
It comes with features like liquid cooling and offers a power of up to 50 kW. Meanwhile, the Veefil PK is a high power charging system for commercial operators and can deliver up to 920 V at 500 A of current. As per the company claims, both the products can work in a range of -35 to 50 degree Celsius.
Through the partnership, Tata AutoComp Systems will be bringing the Veefil RT to India. The partnership couldn’t come at a better time. The government of India recently rolled out the much awaited second phase of its FAME scheme to incentivise the EV makers in the country as well as the buyers of such vehicles. A total of Rs 10,000 crore has been alloted for the sole purpose of increasing the adoption of such green vehicles in the country.
The scheme also stresses on setting up the right infrastructure for this, with a total of 2,700 charging stations planned in the second phase, to be set up at governments offices and corporations across the country.
So with the increase in adoption of EVs in India being inevitable, it is easy to see the business case here. Once this partnership sets the ball rolling, both the firms could be a part of a multi-billion dollar market.
Source: indiatimes
