India’s Mahindra Group ties up with Jio-bp JV to bolster EV business

December 8, 2021

BENGALURU (Reuters) -India’s Mahindra Group said on Wednesday it was partnering with Jio-bp, a joint venture of Reliance Industries Ltd and BP Plc, to explore the creation of products and services for strengthening the conglomerate’s electric vehicle push.

Under the non-binding deal, the company will evaluate Jio-bp’s charging and battery swapping technology for its electric three- and four-wheelers, as well as quadricycles and small commercial vehicles.