Reliance BP Mobility Limited (RBML), operating under the brand name Jio-bp and the Mahindra Group, on December 8, 2021 announced a non-binding MoU for exploring the creation of EV products and services, alongside identifying synergies in low-carbon and conventional fuels. The announcement also informed that the MoU would cover evaluating charging solutions by Jio-bp for Mahindra vehicles including electric 3 and 4 wheelers, quadricycles and e-SCV (Small Commercial Vehicles – sub 4 ton). This would include captive fleets and last-mile mobility vehicles of Mahindra Group as well. The partnership between Jio-bp & Mahindra also aims to accelerate EV adoption in India. Both companies plan to come out with innovative solutions that would help 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.
SOURCE: REUTERS
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