Companies

RIL's Jio-BP enters into MoU with Mahindra Group for RV products

Our Bureau | | | Updated on: Dec 08, 2021
image caption

Jio-BP and Mahindra will explore the creation of EV products and services, identify synergies in low-carbon and conventional fuels, and evaluate charging solutions

Reliance BP Mobility Limited (RBML), operating under the brand name Jio-bp, has entered into an MoU with Mahindra Group for exploring the 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 tonnes). This would include captive fleets and last-mile mobility vehicles of Mahindra Group.

Mahindra Group and its channel partner locations will be evaluated for the 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 fuelling choices, including EV charging infrastructure.

Also see:

More

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 between Jio-bp and Mahindra Group, 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,” said the press release.

Published on December 08, 2021

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

COMMENTS
This article is closed for comments.
Please Email the Editor

You May Also Like

Recommended for you