Jio-bp, MG Motor and Castrol sign partnership to boost Electric Mobility in India

Jio-bp, MG Motor and Castrol sign partnership to boost Electric Mobility in India

Shreya Chaware
/ Categories: Trending, Mindshare

Aim to bolster EV adoption by building charging infrastructure and EV service network.

In a development that is expected to boost electric vehicle (EV) adoption and mobility in India, MG Motor India and Castrol India are set to collaborate with Jio-bp to explore mobility solutions for electric cars.  Under the partnership, Jio-bp, MG Motor and Castrol will explore setting up a four-wheeler EV charging infrastructure and expand Castrol’s existing auto service network to cater to EV Customers.

The partnership is in line with Jio-bp and MG Motor's commitment to provide a vast and reliable charging infrastructure to electric car customers and accelerating EV adoption in India. Jio-bp is creating an ecosystem that will benefit all the stakeholders in the EV value chain and last year, the company constructed and launched two of India’s largest EV charging hubs. The JV’s electric mobility business, offering charging infrastructure to Indian consumers, operates under the brand Jio-bp pulse. With the Jio-bp pulse mobile app, customers can easily find charging stations nearby and seamlessly charge their EVs.

Since its inception in India, MG Motor has been committed to Electric Mobility with a vision to build a sustainable future. The strategic partnership is aimed at creating EV-friendly roads for inter-city and intra-city travel by setting up a robust EV charging & service infrastructure in the country. Along with the launch of India's First Pure Electric Internet SUV - the ZS EV which offers an updated range of 461 km in a single charge, MG has taken multiple steps towards strengthening the EV ecosystem.

Under the partnership, Castrol will develop and expand its existing multi-brand Auto Service network and Express Oil Change centers to start serving four-wheeler electric cars. These services will be offered across India at both Jio-bp mobility stations as well as select Castrol Auto Service workshops initially, to serve both EV and non-EV four-wheelers. Further, Castrol will help set up EV charging infrastructure across its auto service network. With rising EV adoption, car mechanics will require training on the latest automotive technologies. Castrol will leverage its access to a vast pool of car mechanics and offer them specialized EV training and certification.

Previous Article These stocks witnessed heavy demand from the buyers in the pre-opening session today!
Next Article Watch out for these penny stocks locked in the upper circuit on June 3
Rate this article:
5.0

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR