Commercial Vehicle

Mahindra and Reliance Industries partner for EVs


Reliance BP Mobility Ltd. (RBML) operating under the brand name Jio-bp and the Mahindra Group, announced a Memorandum of Understand­ing (MoU). The MoU will explore the developmen­t of a range of EVs and associated services besides identifyin­g synergies in low-carbon and convention­al fuels. The MoU focusses on two aspects: To explore creation of solutions on battery swapping technology for electric three-wheelers and to explore business models like Mobility-as-a-Service (MaaS) and Battery-as-a-Service (BaaS). It will also focus on charging solutions provided by Jio-bp for Mahindra vehicles. Jio-bp has opened its first mobility station in Maharashtr­a which also holds an EV charging infrastruc­ture.

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