Mahindra & Mahindra and Jio-bp collaborate for EV charging infrastructure

Mahindra & Mahindra (M&M) and Jio-bp, a fuels and mobility conglomerate between Reliance Industries Limited (RIL) and bp are expanding their existing collaboration. Jio-bp will be establishing a charging network for M&M’s upcoming e-SUV launches. Also, Jio-bp will install DC fast chargers across M&M dealership networks and workshops across the country starting off with 16 cities.

The RIL-bp joint venture is aggressively expanding its Jio-bp branded EV charging network by establishing charging facilities at multiple touch points within cities and major highways. This collaboration intends to roll out e-mobility solutions across discovery, availability, navigation, and transactions through a digital platform that will allow all EV users to seamlessly access the M&M partner charging network.

Recently in September 2022, the Mahindra Group and the Ontario Teachers’ Pension Plan announced a strategic collaboration to capitalise on India’s growing renewables opportunities and contribute to the country’s carbon reduction goals. The parties have signed binding agreements wherein Ontario Teachers’ will purchase a 30 per cent equity stake in Mahindra Susten for Rs 23.71 billion.

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