November 8, 2024
Tata Motors Consolidated Q2 FY25 Results
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Taking yet another step towards accelerating the transition to sustainable transportation, Tata Motors, India’s leading automotive brand, signed an agreement, today with Evera, one of the earliest EV only – ride hailing platform in Delhi NCR region, for delivering 2,000 XPRES T EVs. These vehicles are an addition to the already existing fleet of Tata Motors’ EVs present with the aggregator.
Speaking on the occasion Mr. Shailesh Chandra – Managing Director, Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd., said, “With the XPRES-T EV Sedan we have created a new benchmark in the fleet market, and it is heartening to see renowned fleet aggregators joining the green mobility wave with us. Evera has been associated with us since a long time, and we are delighted to further strengthen this tie-up, by signing an agreement of delivering 2000 EVs to them. X-PRES T EV offers enhanced safety, fast charging solution, a premium interior theme along with dynamic performance at an affordable price. We hope to continue our association with Evera and jointly work towards offering greener and safer mobility options to our customers.”
According to Mr. Nimish Trivedi, Co-founder & CEO, Prakriti E-Mobility, Parent Company of Evera, “We are glad to announce our collaboration with Tata Motors. This association aligns with the Government of India’s National Electric Mobility Mission Plan and demonstrates our commitment to provide eco-friendly yet most efficient, comfortable, and sustainable mobility solutions to the customers. With this fleet of Tata Motors’ EVs, our start of the airport services at the Terminal 3 of the Indira Gandhi International Airport, Delhi, is around the corner and will propel us further towards this goal. We are also looking to expand to other cities to fast-track the EV adoption in the country by creating an end-to-end ecosystem. This collaborative approach with Tata Motors, shall further our vision and allow consumers to access a network of safe-mobility solutions across the country. We will continue to lead shaping the EV fleet industry with more such strategic partnerships.”
In July 2021, Tata Motors launched the XPRES brand, exclusively for fleet customers and XPRES-T EV is the first vehicle under this brand. The XPRES-T electric sedan comes with 2 range options – 213km and 165km (ARAI certified range under test conditions). It packs a high energy density battery of 21.5 kWh and 16.5 kWh and can be charged from 0- 80% in 90 mins and 110 mins, respectively, using fast charging or can also be normally charged from any 15 A plug point, which is easily available and convenient. It comes with zero tail-pipe emission, single speed automatic transmission, dual airbags, 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 give it a differentiated presence from other Tata cars.
Tata Motors has been revolutionizing the Indian automotive market with its pioneering efforts and is leading the e-mobility wave in India with a commanding market share of 89% (YTD), with over 45000 Tata EVs on road till date in personal and fleet segment. Furthermore, in an effort to make EVs even more accessible to all, Tata Motors is closely working with other Tata Group companies including Tata Power, Tata Chemicals, Tata Auto Components, Tata Motors Finance and Croma, to contribute to the faster adoption of EVs in India through its EV ecosystem called the ‘Tata uniEVerse’.
For more information on the product, please visit – https://xprest.tatamotors.com/electric/
About Tata Motors
Part of the USD 128 billion Tata group, Tata Motors Limited (NYSE: TTM; BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 37 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses, offering extensive range of integrated, smart and e-mobility solutions. With ‘Connecting Aspirations’ at the core of its brand promise, Tata Motors is India’s market leader in commercial vehicles and amongst the top three in the passenger vehicles market.
Tata Motors strives to bring new products that fire the imagination of GenNext customers, fueled by state of the art design and R&D centers located in India, UK, US, Italy and South Korea. With a focus on engineering and tech enabled automotive solutions catering to the future of mobility, the company’s innovation efforts are focused to develop pioneering technologies that are sustainable as well as suited to evolving aspirations of the market and the customers. The company is pioneering India’s Electric Vehicle (EV) transition and driving the shift towards sustainable mobility solutions by preparing a tailor-made product strategy, leveraging the synergy between the Group companies and playing an active role liasoning with the Government in developing the policy framework.
With operations in India, the UK, South Korea, Thailand, South Africa and Indonesia, Tata Motors’ vehicles are marketed in Africa, Middle East, South & South East Asia, Australia, South America, Russia and other CIS countries. As of March 31, 2022, Tata Motors’ operations include 86 consolidated subsidiaries, two joint operations, four joint ventures and 10 equity-accounted associates, including their subsidiaries, in respect of which the company exercises significant influence.
About Evera
First of India’s all-electric cab service, Evera, is one of its kind e-taxi service plying in Delhi-NCR, with the aim to reduce the human carbon footprint, one ride at a time. Their zero-tolerance policy towards the environment as well as safety of its commuters, emphasized on by well-mannered drivers, and clean interiors, has turned them into the new benchmark for the way taxi services are viewed in India. Their variouson-going corporate collaborations have driven their B2B dealings, which has been enhanced by a lead investment from Europe’s growth-focused IEG Investment Banking Group & Devonshire Greens, as part of its $5 million pre-Series A funding round.
Founded by Nimish Trivedi, Rajeev Tiwari and Vikas Bansal, Evera is an asset-light EV cab service provider for customers across B2C and B2B segments. In a short span the brand has clocked eight million green KMs across Delhi NCR with the highest per employee revenue earned in this segment in India.
With a vision to expand all over India, and the recent growth in EV-based FDI, has helped them achieve a 40 million dollar worth of valuation, has also landed them with an Achiever’s award in the segment of driving environment based economic growth in India.
Evera’s best-in-class, chauffeured vehicles, allow passengers to travel in guilt-free, comfortably in their zero-emission cabs. If you are booking the cab for your personal commute, or are headed to a client-meeting, Evera assures that you get their trained professionals with immaculately presented vehicles that exceed expectations.
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