Jio-bp And TVS Motor Company To Collaborate On EV Solutions

Jio-bp and on Tuesday announced that they have agreed to explore the creation of a robust public EV charging infrastructure for electric two-wheelers and three-wheelers in the country, building on Jio-bp’s growing network in this space.

Under this proposed partnership, the customers of TVS are expected to get access to the widespread charging network of Jio-bp, which is also open to other vehicles.

The said partnership aims at creating a regular AC charging network and a DC fast-charging network. This will align with Jio-bp and TVS’ commitment to providing vast and reliable charging infrastructure to their customers, TVS Motors said in a statement. In addition to creating solutions for seamless customer journey on TVS Motor and Jio-bp apps, both will bring the best of their global learnings in electrification and apply them to the Indian market to create a differentiated customer experience that delights the consumer.

Jio-bp is operating its EV charging and swapping stations under the brand Jio-bp pulse. With the Jio-bp pulse app, customers can easily find stations nearby and charge their . Further, with a vision of being among India’s largest EV network, Jio-bp is creating a charging ecosystem that will benefit all the stakeholders in the EV value chain.

has made significant strides towards developing new electric mobility products and related technologies. Since its launch, the company has already sold over 12,000 units of its high-speed electric scooter TVS iQube. The TVS iQube is a smart, connected and practical EV that caters to the daily commuting needs of customers. The company has committed Rs. 1,000 crore towards EV business, a good portion of which has already been invested. To lead the way to electrification, the company is readying a complete portfolio of two and three-wheelers in the range of 5-25kW, all of which will be in the market within the next 24 months.

This partnership will help drive EV adoption in the country among two and three-wheeler customers who aspire to take a step forward in going electric. The rapid proliferation of these charging stations will broaden both the companies' horizons and expedite India’s net-zero emission goals.

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

RECENT NEWS

Titi Coles Legacy In Finance: Pioneering Diversity And Leadership

Titi Cole, one of the most senior Black women in the world of finance, recently exited her high-profile role at Citi. He... Read more

Rising Rates, Rising Challenges: Bankers Adapt To Serve Troubled Companies In A Changing Economic Landscape

As interest rates climb, troubled companies are facing heightened financial pressures, prompting them to seek assistance... Read more

The Elusive Nature Of Fraud Detection: Exploring The Auditor's Dilemma

In the intricate world of financial reporting, auditors serve as guardians of integrity, tasked with uncovering discrepa... Read more

The Battle For Depositors: US Lenders Ramp Up Efforts Amidst Rate Uncertainty

In the competitive landscape of the US banking sector, retaining depositors is paramount for lenders seeking to maintain... Read more

Beyond Capital: Unveiling The Complexities Of Bank Failure Prediction

In the realm of banking, the ability to predict and prevent failures is paramount for financial stability and consumer c... Read more

Central Banks And The Economic Horizon: Steering Through Uncertaintie

In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more