Tata Motors to provide 25,000 Xpres-T Electric Sedans to Uber
On Monday (February 20), Tata Motors announced that it has entered into a memorandum of understanding with Uber to supply 25,000 units of XPREST electric vehicles. This is one of the largest deals in the green mobility space to date, and the electric sedans will be used by Uber in its premium category service, according to a joint statement by the two companies.
|Tata Motors||Uber Technologies Inc|
|Automotive manufacturer||Technology company|
|Founded: 1945, Mumbai||Founded: March 2009, San Francisco, California, United States|
|Headquarters: Mumbai||Headquarters: San Francisco, California, United States|
|Founder: J. R. D. Tata||Founders: Travis Kalanick, Garrett Camp|
|Parent organization: Tata Group||Subsidiaries: Uber Eats, Careem, Postmates, Drizly, Uber Carshare, MORE|
The XPRES–T EV cabs will be deployed by Uber in Delhi-NCR, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru, and Ahmedabad. Tata Motors will begin delivering the vehicles to Uber fleet partners in phases starting this month.
Although the deal’s value was not disclosed, the XM+ variant of the XPRES–T EV is priced at Rs 13.04 lakh, and the XT+ variant is priced at Rs 13.54 lakh. These prices are ex-showroom, New Delhi, and include DPCC and FAME II incentives.
Shailesh Chandra, MD, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, said the partnership with Uber, India’s leading ridesharing platform, is in line with their commitment to promote sustainable mobility in the country. He added that providing environmentally friendly EV ride experiences through Uber’s Premium Category service would accelerate the adoption of green and clean personal ride-sharing.
The XPRES-T electric vehicles are equipped with a high energy density battery of 26 kWh and 25.5 kWh and can be charged from 0-80 percent in 59 minutes and 110 minutes, respectively, using fast charging. They can also be charged normally from any 15 A plug point, which is readily available and convenient.
The ride-hailing industry is rapidly adopting the electrification of its fleet. Ola’s founder and CEO, Bhavish Aggarwal, recently announced that the company plans to launch an EV fleet with approximately 10,000 vehicles.
Additionally, BluSmart Electric Mobility, an electric vehicle cab service company, raised approximately $25 million in equity and debt funding in May 2022 and is expanding its fleet services. Tata Motors signed an agreement with BluSmart Electric Mobility in 2022 to provide the company with 10,000 XPRES-T electric vehicles.
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