Tata Motors, Lithium Urban Technologies long-term partnership set to leapfrog the electrification of the transport service market
Mumbai/IBNS: Reinforcing their position at the forefront in the electrification drive, Tata Motors and Lithium Urban Technologies, the world’s largest commercial EV fleet providers, outside of China, on Monday announced their partnership.
Both companies will explore bespoke models to address requirements of customers who are increasingly looking for tailor-made mobility solutions in the market across passenger, mass transit and freight segments.
As the first milestone, Tata Motors and Lithium have signed a contract for 400 newly launched, Tigor Sedan EV, with an extended range of 213 km, to be supplied by FY20 and deployed across India.
This partnership plans to additionally induct 100 electric vehicles, which would include cars to be launched in near future, like Nexon EV for corporate leadership transport services.
These steps will be pivotal for Lithium to significantly expand its current fleet of 1000 EVs to further consolidate its leadership position as the largest EV based mobility service provider.
Speaking on the occasion, Shailesh Chandra, President – Electric Mobility Business & Corporate Strategy, Tata Motors Ltd. said, “This is not just the most significant milestone for Tata Motors’ E-Mobility Business, but also a big turning point in the EV market, which is now likely to see fleets electrify faster than ever before. We are delighted to enter this partnership with Lithium, who are on their pragmatic journey of expanding their zero-emission transport service rapidly. We are committed to nurturing this valued partnership as we address the evolving mobility needs of our customers through various disruptive business models.”
Speaking on the occasion, Sanjay Krishnan, Founder, Lithium Urban Technologies said, “We are excited to partner with Tata Motors for the supply and co-development of EVs. The induction of new extended range Tigor EVs and future EVs into our portfolio will add further differentiation to our service offerings for the passenger services. This partnership with Tata Motors will ensure availability of new form factors and enable viability of new market segments across passenger, mass transit and freight. Lithium would move quickly to integrate the company's paradigm-shifting LUTEC (LithiumUrbanTec) EV mobility utilisation software with the new vehicles.”
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