Jio, Mahindra group ink pact to explore EV, low carbon solutions
A joint venture of Reliance Industries and BP of the UK on Wednesday said it has signed an agreement with the Mahindra group to explore EV and low-carbon solutions, including battery swapping technology options, for electric three-wheelers.
Besides exploring creation of EV products and services, the non-binding MoU signed by Reliance BP Mobility Limited (RBML) and Mahindra Group would look for identifying synergies in low-carbon and conventional fuels, the company said in a statement.
“The MoU also covers evaluating charging solutions by Jio-bp for Mahindra vehicles including electric three and four wheelers, quadricycles and e-SCV (small commercial vehicles – sub 4 ton),” it said.
