Jaguar TCS Racing Team Forges Ahead to Seoul for the 2022 Formula E World Championship E-Prix Races

Tata Consultancy Services Partner with Jaguar to Amplify the Importance of Electrification through Famous E-Prix Race Circuits around the World

SEOUL, SOUTH KOREA & SINGAPORE – Media OutReach – 12 August 2022 – Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), title sponsor of Jaguar TCS Racing, announced that the team is coming to Seoul this weekend. Watch the team live in action as the 2022 Hana Bank Seoul E-Prix reaches South Korea for the first time this Saturday, August 13, beginning at 11:40 KST.

Electric vehicles (EVs) are the way of the future. As the technology transformation partner to key players across the end-to-end EV value chain, TCS is a strong proponent of the shift towards cleaner, greener mobility. TCS was recently featured on the Financial Times APAC Climate leaders list for having the lowest core emissions intensity among consultancy services. It also extended its knowledge to other industries by launching the world’s first Digital Sustainability Index earlier this year. Its partnership with Jaguar Racing helps amplifying the importance of electrification through the famous e-Prix race circuit across the globe. This reflects TCS’ pursuit of global sponsorships to help implement change and leads others forward in smarter, more sustainable ways.

“At TCS, we believe that technology drives sustainable progress. In the past five decades, TCS has been working closely with companies in this region on their digital transformation journeys, as they strive to make a difference for their customers and communities,” said Girish Ramachandran, President, TCS Asia Pacific. “Our partnership with Jaguar is another concrete step towards harnessing the collective knowledge required to enhance the future of the automotive and motorsport sectors. Coming at a time when TCS has recently achieved carbon neutrality in all our markets in Asia Pacific, three years ahead of our original target, the collaboration builds on our belief in driving sustainability through innovation and creating the future of mobility by electrifying ecosystems.”

“It is a momentous occasion as the Formula E World Championship comes to Seoul for the first time, and we are delighted to be partnering with Jaguar in this event. TCS has always been a strong advocate of electrification as we look towards sustainability, and there is no better way to proclaim this on the world stage than with this exciting race. We view EVs as the norm of the future and look forward to the camaraderie and healthy competition this weekend.” Said Ramesh Iyer, Country Head, TCS South Korea.

During this multi-year partnership, TCS and Jaguar create a dynamic platform to drive research and innovation while steering towards advanced concepts and EV technologies. TCS is leveraging its deep expertise across the EV value chain to help Jaguar TCS Racing become a catalyst for electrification, pushing towards low carbon emissions and sustainable mobility. The partnership is seeing the creative use of data and insights from the racetrack to shape the wider growth, development, and transformation of the EV ecosystem.

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About Tata Consultancy Services

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile� delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India’s largest multinational business group, TCS has over 606,000 of the world’s best-trained consultants in 55 countries. The company generated consolidated revenues of US $25.7 billion in the fiscal year ended March 31, 2022, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS’ proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com