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Tata Motors signs MoU with Delta Electronics India, Thunderplus Solutions

Tata Motors Passenger Vehicles Ltd. | Automobiles - Passenger Cars | Automobiles | BSE: 500570 | NSE: TMPV

21 Aug 2024 Evaluate

Tata Motors has signed Memorandum of Understanding (MoU) with Delta Electronics India and Thunderplus Solutions to expand charging infrastructure for its electric commercial vehicles by setting up 250 new fast charging stations across the country. Strategically located in and around over 50 cities, including Delhi, Mumbai, Chennai, Bengaluru, Pune, and Kochi among others, these new charging stations will significantly increase the existing network of 540 commercial vehicle charging points.

E-commerce companies, parcel & courier service providers, among other industries, are increasing the adoption of commercial EVs for the last-mile deliveries to reduce their carbon footprint. Basis its understanding of commercial EV movement, Tata Motors will recommend optimal locations and nearest dealerships for setting-up these fast-charging stations. While Delta Electronics will supply the necessary hardware, Thunderplus Solutions will install and operate them.

Tata Motors offers the Ace EV - India’s most advanced four-wheel e-cargo solution for last-mile deliveries. It is supported by over 150 Electric Vehicle Service Centres across the country and is equipped with an advanced battery management system, Fleet Edge telematics system and robust aggregates for best-in-class uptime. Leveraging the immense capabilities of the Tata UniEVerse, the Ace EV benefits from collaborations with relevant Tata Group companies and partnerships with the country’s leading financiers to offer customers a holistic e-cargo mobility solution. The Ace EV can be purchased at all Tata Motors commercial vehicle dealerships across the country.

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.

Tata MotorsPassenger Share Price

356.05 0.45 (0.13%)

21-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Tata MotorsPassenger	356.05
Maruti Suzuki	13458.30
Mahindra & Mahindra	3247.05
Hyundai Motor India	1885.80
Mercury Metals	35.02
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Tata Motors signs MoU with Delta Electronics India, Thunderplus Solutions

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