Tata Motors shares rise on inking pact with 13 EV charging point operators to boost charging infrastructure

This comes a day after the automaker said it has partnered with 13 charging point operators to install and operate 25,000 additional chargers for electric small commercial vehicles over the next 12 months.

Tata Motors has signed Memoranda of Understanding (MoU) with leading chagring point operators (CPOs), comprising A Plus Charge, Ampvolts, Charge MOD, Charge Zone, Electric Fuel, Envo The Sustainer, EV Spot Charge, Kazam, Nikol EV, Sonik Mobility, Thunderplus Solutions, Volttic, and Zeon Electric, it said in a statement on Monday.

The country's largest commercial vehicle maker stated that 25,000 public chargers are already available for electric small commercial vehicles (SCVs).

All existing and upcoming charger locations will be integrated and visible on Fleet Edge, Tata Motors' connected vehicle platform, providing customers with real-time navigation and availability for seamless access, it added.

Commenting on the development, Pinaki Haldar, Vice President & Business Head of SCVPU, Tata Motors Commercial Vehicles, said: “This partnership with India’s leading Charging Point Operators underscores our dedication to building a robust support network and enabling profitable, zero-emission logistics for entrepreneurs and transporters across the country.”

“While we continue to innovate and deliver reliable, high-performance e-cargo vehicles, we remain equally focused on expanding infrastructure access through strategic collaborations.”

With over 10,000 Ace EVs already deployed and having collectively covered more than 6 crore km, Haldar said, "We are seeing growing confidence among customers and transporters in the benefits of using four-wheel electric commercial vehicles."

Tata Motors' e-SCV lineup currently includes the Ace Pro EV, Ace EV, and Ace EV 1000 - each engineered to meet diverse urban and semi-urban cargo requirements, the company said.

Tata Motors stock performance

The stock was trading 0.68% higher at ₹717.75 per equity share, as of 10:47 am.

The share lost 0.59% over the week but gained 6.71% over three months. On a year-to-date basis, it lost 3.18%.

While the scrip hit a 52-week low of ₹535.75 on April 7, 2025, it reached a year’s low of ₹1,000.40 per equity share on September 27, 2024.

Tata Motors has a total market capitalisation of ₹2.64 lakh crore, as of September 16, 2025, according to data on the NSE.

Tata Motors Q1 result

The carmaker reported a 30% year-on-year (YoY) fall in its consolidated net profit to ₹3,924 crore in the June quarter of FY26, compared to ₹5,643 crore in the same period last year.

Its revenue from operations declined 2.5% to ₹1.04 lakh crore during the quarter under review, as against ₹1.07 lakh crore in Q1FY25.