financetom
Market
financetom
/
Market
/
Tata Motors to supply 2000 EVs to fleet aggregator Evera
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Tata Motors to supply 2000 EVs to fleet aggregator Evera
Oct 19, 2022 10:54 AM

Indian auto giant Tata Motors on Wednesday, October 19, said it has signed an agreement with Evera, a ride-hailing platform in the Delhi NCR region, to deliver 2,000 units of the XPRES-T EVs to the company.

These vehicles are an addition to the already existing fleet of Tata Motors’ EVs present with the aggregator, the automaker said on October 19.

Shailesh Chandra, Managing Director of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, said with the XPRES-T EV sedan, the company has created a new benchmark in the fleet market. It is heartening to see renowned fleet aggregators joining the green mobility wave with us, he added.

Also Read: Adani Enterprises defence arm to acquire Air Works for Rs 400 crore

He said, "Evera has been associated with us for a long time, and we are delighted to further strengthen this tie-up, by signing an agreement of delivering 2000 EVs to them."

Nimish Trivedi, Co-Founder and CEO of Prakriti E-Mobility, the parent company of Evera, said with this fleet of Tata Motors' EVs, the start of the airport services at the Terminal 3 of the Indira Gandhi International Airport, Delhi, is around the corner.

He said the company is looking to expand to other cities to fast-track EV adoption in the country by creating an end-to-end ecosystem.

In July 2021, Tata Motors launched the XPRES brand, exclusively for fleet customers and the XPRES-T EV is the first vehicle under this brand. The XPRES-T electric sedan comes with two range options — 213 km and 165 km (ARAI-certified range under test conditions).

Also Read: Vodafone Idea board meet on Friday to consider fund raise as debt repayments loom

The car packs a high energy density battery of 21.5 kWh and 16.5 kWh and can be charged from 0- 80 percent in 90 minutes and 110 minutes, respectively, using fast charging or can also be normally charged from any 15 A plug point, which is easily available and convenient.

Further, it comes with zero tail-pipe emission, single-speed automatic transmission, dual airbags, and ABS with EBD as standard across variants.

The premium black theme interior with standard automatic climate control and electric blue accents across its interior and exterior will set it apart from other Tata cars.

Also Read: Netflix adds over 2 million subscribers since July, shares surge near 14%

Tata Motors has a commanding market share of 89 percent (YTD), with over 45,000 Tata EVs on road to date in the personal and fleet segments.

(Edited by : Shoma Bhattacharjee)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Nikkei pinned to 8-month low as US tariffs loom
Nikkei pinned to 8-month low as US tariffs loom
Apr 1, 2025
(Updates to close) TOKYO, April 1 (Reuters) - Japan's Nikkei struggled for headway on Tuesday and was pinned near an eight-month low as traders braced for another round of painful U.S. tariffs, likely to hit sales of Japanese exporters. The Nikkei index closed more or less flat at 35,624.48, having failed to sustain the morning's bounce. The benchmark had logged...
Japanese bond market pauses before expected tariff salvo
Japanese bond market pauses before expected tariff salvo
Mar 31, 2025
SINGAPORE, April 1 (Reuters) - Japanese government bonds took a breather on Tuesday following their sharpest jump in eight months, as investors awaited the next round of tariff announcements from the United States. The benchmark 10-year Japanese government bond yield rose 1.6 basis points to 1.51%, after falling 10 bps over the previous two sessions, the steepest drop since August....
Euro zone bond yields inch lower as traders await US tariffs
Euro zone bond yields inch lower as traders await US tariffs
Apr 1, 2025
LONDON, April 1 (Reuters) - Euro zone bond yields inched lower on Tuesday, reversing some of the previous session's safe-haven fuelled rally as traders await details of U.S. President Donald Trump's reciprocal tariffs on Wednesday. Investors are also eyeing euro zone PMI and flash CPI data due later in the session. Germany's 10-year bond yield, the benchmark for the euro...
XPeng, Ultralife And 3 Stocks To Watch Heading Into Tuesday
XPeng, Ultralife And 3 Stocks To Watch Heading Into Tuesday
Apr 1, 2025
With U.S. stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Ultralife Corp. ( ULBI ) to report quarterly earnings at 15 cents per share on revenue of $40.00 million before the opening bell, according to data from Benzinga Pro. Ultralife ( ULBI ) shares...
Copyright 2023-2025 - www.financetom.com All Rights Reserved