BPCL joins Kinetic Green for an e-drive

Public sector oil company Bharat Petroleum Corporation Ltd (BPCL), in collaboration with Pune-based Kinetic Green Energy & Power Solutions and IIT-Madras, has entered the electric vehicle space with the launch of e-Drive, an EV mobility system based on the battery-swapping model for electric three-wheelers.

Under the alliance, the electric three-wheelers will be owned or sold by Kinetic Green, which has been selling electric passenger and cargo three-wheelers. BPCL, with the technology support for mobile app, battery management system and other systems from IIT-Madras, will provide the lithium-ion batteries for the vehicles.

“This is the first-of-its-kind venture in the country. Electric vehicles will be the key for the future and their share in urban transportation will continue to increase in the coming years amid certain challenges.