Jio-bp and Mahindra Group sign MoU for EV and low-carbon solutions

The companies aim to explore creation of solutions on battery swapping technology for electric 3-wheelers

Reliance BP Mobility Limited (RBML), operating under the brand name Jio-bp and The Mahindra Group, on Wednesday 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 ton). 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