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Tata Motors and Uber sign MoU to induct 25,000 XPRES-T electric cars

Tata Motors and Uber sign MoU to induct 25,000 XPRES-T electric cars
Business2 min read
  • Tata Motors has signed a memorandum of understanding (MoU) with cab aggregator Uber to supply 25,000 XPRES-T electric cars.
  • Uber will integrate these cars in its premium category service, the two companies said in a joint statement.
  • Uber will kick off the electrification of its fleet in Delhi NCR, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru and Ahmedabad.
Tata Motors has signed a memorandum of understanding (MoU) with cab aggregator Uber to supply 25,000 XPRES-T electric cars. Uber will integrate these cars in its premium category service, the two companies said in a joint statement on Monday.

Uber will kick off the electrification of its fleet in Delhi NCR, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru and Ahmedabad. The deliveries of the XPRES-T electric car from Tata Motors will start this month, and the induction in Uber’s fleet will be done in a phased manner.

“Offering customers our environmentally friendly electric vehicle (EV) ride experiences via Uber’s Premium Category service, will accelerate the adoption of green and clean personal ride sharing. The XPRES-T EV is a very attractive option both for customers and operators,” said Shailesh Chandra, MD, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility.

Tata Motors’ shares closed higher amid a wider market decline, gaining 0.7% to close at ₹443 a piece. The company’s stock has gained 12% in 2023 so far.

50,000 EVs rolled out so far, says Tata Motors

Tata Motors said that it has rolled out 50,000 EVs from its manufacturing plants till date across the personal mobility and fleet segments.

“This partnership will further cement our market position in the fleet segment,” Chandra added.

The company launched the XPRES electric car brand in 2021 exclusively for fleet operators. The XRES-T EV is the first car under this brand and comes in two range options – 277 kilometres and 315 kilometres. Since it is aimed at fleet operators, it can charge from 0-80% in 59 minutes.

“Uber is committed to bringing sustainable, shared mobility to India, and this partnership with Tata Motors is a major milestone on that journey. It represents the largest EV partnership yet between an automaker and a ridesharing platform in India,” said Prabhjeet Singh, president, Uber India and South Asia.

In addition to fast charging, the XPRES-T can also be charged using a standard 15 amp plug point, providing flexibility to Uber and its driver partners.

Recently, Ola founder and chief executive officer Bhavish Aggarwal said that the cab aggregator was planning to launch a fleet of 10,000 electric cars.

BluSmart, another cab operator, has a 100% electric vehicle fleet – which currently stands at 2,200 cars. It operates in Gurugram, and areas of Delhi and Bengaluru.

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