Tesla Power USA inks pact with Indian Oil Corp to sell batteries at petrol pumps

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Tesla Power USA inks pact with Indian Oil Corp to sell batteries at petrol pumps


New Delhi: Indian Oil Corporation Ltd Executive Director, I/C (RS-NE), Vigyan Kumar (2R), and different officers throughout the announcement of a strategic alliance between Tesla Power USA and Indian Oil Corporation Limited (IOCL) for battery distribution and gross sales, in New Delhi, Wednesday, April 26, 2023.
| Photo Credit: PTI

Tesla Power USA on April 27 stated it has inked an settlement with Indian Oil Corporation Limited (IOCL) to sell and repair batteries at the state-owned agency’s petrol pumps.

The partnership will allow Tesla Power to sell and repair batteries at over 36,000 IOCL petrol pumps throughout India, the U.S.-based agency stated in an announcement.

“This will be the first national-level tie-up with Indian Oil Corporation Ltd for battery distribution. To start with, Tesla Power USA batteries will be available at the select IOCL fuel pumps in the Delhi-NCR region, which will be subsequently expanded to other states,” it added.

Kavinder Khurana, MD, Tesla Power USA, stated his firm at the moment has over 5,000 distribution factors in India and goals to double it in 2023. The addition of IOCL petrol pumps can probably supply Tesla Power USA a distribution attain of over 40,000-mark.

Also Read | Tesla gained’t manufacture in India until allowed to sell, service vehicles: Elon Musk



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