Jio-bp and Mahindra Group partner for EV and low-carbon solutions

To explore creation of solutions on battery swapping technology for electric 3-wheelers; also business models like Mobility as a Service and Battery as a Service

Autocar Pro News Desk By Autocar Pro News Desk calendar 08 Dec 2021 Views icon4612 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Jio-bp and Mahindra Group partner for EV and low-carbon solutions

Reliance BP Mobility Ltd (RBML), which operates under the Jio-bp brand and the Mahindra Group, today announced a non-binding MoU for exploring creation of EV products and services, alongside identifying synergies in low-carbon and conventional fuels.

The MoU also covers evaluating charging solutions by Jio-bp for Mahindra vehicles including electric 3- and 4-wheelers, quadricycles and e-SCV (Small Commercial Vehicles – sub 4 tonne). This would include captive fleets and last-mile mobility vehicles of Mahindra Group.

The partnership aims to leverage the strengths of both companies in the areas of EV products and services. Mahindra Group and its channel partner locations will be evaluated for setting up of Jio-bp Mobility Stations and EV charging and swapping points apart from utilising existing Jio-bp stations. Jio-bp recently launched its first mobility station in Maharashtra, offering multiple fueling choices, including EV charging infrastructure, while providing a world-class retailing experience. Additionally, business models like Mobility as a Service (MaaS) and Battery as a Service (BaaS) will be explored wherein Jio-bp could provide charging solutions to vehicles made by Mahindra Group.

The EV market in India is still in a nascent stage and through this MoU, various possibilities and orientation of database, operations support systems, software, pilot and commercial-scale business model and types of charging and swapping facilities are proposed to be explored and implemented subject to techno-economic feasibility and necessary approvals.

The partnership aims at accelerating EV adoption in India with high-performance and swappable batteries that will help in dispelling range anxiety. The solutions would afford great convenience to customers who can ideally bring in a depleted battery to their nearest swapping station and within minutes move on with fully charged batteries by paying a nominal fee.

 

RELATED ARTICLES
NHAI to enhance green cover along national highways with Miyawaki plantations

auther Autocar Pro News Desk calendar19 Jun 2024

The Japanese approach to ecological restoration and afforestation development is designed to create dense, native, and b...

Citroen begins rolling out Basalt from Tamil Nadu plant ahead of launch

auther Autocar Pro News Desk calendar17 Jun 2024

Made-in-India Citroen Basalt SUV-coupe, which will be powered by a 110hp 1.2-litre turbo-petrol engine, will also be exp...

Hyundai recalls 1,744 Ioniq 5 EVs to inspect integrated charging control unit

auther Autocar Pro News Desk calendar15 Jun 2024

Hyundai Motor India has cited a “potential issue in the integrated charging control unit (ICCU), which may discharge the...