Tata Motors has signed a MoU with Lithium Urban Technologies to deploy 5000 XPRES T Electric sedans across the country for employee transportation. The company will start the deliveries in phases while the deployment will be completed by next year. Tata Motors owns a whooping market share of 87 percent in the electric vehicle segment in FY '22 with over 24000 Tata EVs on road till date in personal and fleet segment. Lithium Urban Technologies is an EV based urban transportation service provider founded by Mr. Sanjay Krishnan.
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. Targeted at mobility services, corporate and government fleet customers, the XPRES-T EV offers an optimal battery size, captive fast charging solution, which will ensure outstandingly low cost of ownership in addition to safety and passenger comfort, making it a comprehensive and attractive proposition for fleet owners and operators. This MOU is a big leap towards faster adoption of EVs in the shared mobility space and we are delighted to take forward our long-term partnership with Lithium Urban Technologies, who are on the path to provide mobility solutions with a focus on sustainability and supporting India’s e-mobility mission.”