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Tata Motors bags order to supply electric vehicles to Cognizant
Source: IRIS | 19 Jul, 2018, 01.19PM
Rating: NAN / 5 stars.
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Tata Motors, one of the leading global automobile manufacturers, today announced that it will supply Tigor Electric Vehicles (EVs) to Cognizant, a leading professional services company that helps clients worldwide to transform their business, operating and technology models for the digital era. Cognizant will deploy the EVs in its Hyderabad campus as part of its commitment to a sustainable environment.

Tata Motors has partnered with Volercars, a leading mobility solutions company that will be delivering this integrated solution with the value added service to Cognizant including on ground operations & fleet management. A batch of 10 vehicles was handed over by Tata Motors team to Cognizant officials, at an event held in the company's Hyderabad campus.

Leveraging the One Tata solution for EVs, Tata Motors will collaborate with other Tata Group companies to provide a consolidated solution with respect to vehicles, charging infrastructure, maintenance services and financial assistance for procurement and functioning of the Tigor EVs. As part of this order, Tata Power will supply and install two fast charging stations at the Hyderabad campus of Cognizant while Tata Motors Finance will provide the financial assistance need to procure the vehicles.

Shailesh Chandra, President, Electric Mobility Business and Corporate Strategy, Tata Motors said, "We at Tata Motors, are extremely committed to the Government's vision of e-mobility in India. We are excited to be associating with Cognizant to provide them with a comprehensive solution towards the goal of a sustainable future, with our 'One Tata' approach, involving our other group companies. We will continue to strengthen our portfolio of EV offerings across our passenger and commercial vehicles, to meet future requirements."

Shares of the company gained Rs 2.45, or 0.97%, to trade at Rs 254.40. The total volume of shares traded was 424,134 at the BSE (1.05 p.m., Thursday).

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