The Mahindra Group and Reliance BP Mobility Limited (RBML) , which operates under the Jio-bp brand, have signed a non-binding memorandum of understanding to explore the creation of electric vehicles and services, as well as identifying synergies in low-carbon and conventional fuels. The MoU also entails Jio-bp conducting research on charging solutions for Mahindra vehicles, including electric three-wheelers and four-wheelers, quadricycles, and e-SCVs (Small Commercial Vehicles – under 4 tonne). This would comprise of Mahindra Group’s captive fleets and last-mile mobility vehicles.
The partnership aims to capitalise on both the firms’ expertise in the areas of electric vehicle products and services. Apart from using existing Jio-bp stations, Mahindra Group and its channel partner locations will be considered for setting up Jio-bp Mobility Stations and EV charging and switching points. Additionally, commercial models like as Mobility as a Service and Battery as a Service will be investigated, with Jio-bp potentially providing charging options for Mahindra Group vehicles. Jio-bp launched its first Mobility Station in Maharashtra, which also includes EV charging infrastructure.
In August 2021, RBML and food delivery platform Swiggy signed a partnership to increase the adoption of battery operated EV in the delivery fleet of Swiggy. RBML would build an electric mobility ecosystem and battery-swapping stations for Swiggy, across India. The deployment of EVs, including electric two wheelers, would be supported by Jio-bp’s network of battery-swapping stations and Swiggy’s network of delivery partners. Trials for the pilot project have already begun.