Through this collaboration, Tata Passenger Electric Mobility will enable customers to get a solar rooftop system installed through Tata Power Renewable Energy.
06 Aug 2024 | 1525 Views | By Autocar Pro News Desk
Tata Passenger Electric Mobility and Tata Power Renewable Energy, a unit of Tata Power, have partnered to drive zero-emissions mobility in India through a combined solution of Electric Vehicles and Solar Rooftop Systems.
Through this collaboration, Tata Passenger Electric Mobility will enable customers to get a solar rooftop system installed ...
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Tata Passenger Electric Mobility and Tata Power Renewable Energy, a unit of Tata Power, have partnered to drive zero-emissions mobility in India through a combined solution of Electric Vehicles and Solar Rooftop Systems.
Through this collaboration, Tata Passenger Electric Mobility will enable customers to get a solar rooftop system installed through Tata Power Renewable Energy. 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.
Autocar Professional had reported that Tata Motors was exploring bundling EV, rooftop solar system financing.
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, and providing 100% emissions-free power for electric vehicles.
In addition, combining Solar Rooftop Systems with EVs de-couples the well-to-wheel emissions of EVs from the grid mix, thus offering a much faster path towards net zero emissions for the transportation sector.
Shailesh Chandra, Managing Director, Tata Passenger Electric Mobility Ltd. and Tata Motors Passenger Vehicles Ltd. 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.”
Dr Praveer Sinha, CEO and MD Tata Power, said, “The combination of Solar rooftop and EV is a promising, cost-effective, sustainable solution for India and hence naturally complementary. Both solutions appeal to the same set of eco-friendly and value-conscious customers.
We are excited to collaborate with Tata Passenger Electric Mobility Ltd. to drive greater adoption of Rooftop Systems and EVs and provide discerning customers with an opportunity to contribute to reducing emissions while saving money.”
Tata Power plans to aggressively promote solar rooftop adoption through its extensive network of over 700 channel partners and retailers to cover every nook and corner of the country. Notably, the company has served over 1,00,000 satisfied customers across India. Tata Power has installed a substantial number of 101,924 home chargers and 5,600 public chargers across India.
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.