financetom
Business
financetom
/
Business
/
Jio-BP in deal to power up EV charging pods at Blackstone-backed Nexus Malls across 13 cities
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Jio-BP in deal to power up EV charging pods at Blackstone-backed Nexus Malls across 13 cities
Jun 22, 2022 8:04 AM

Nexus Malls, a subsidiary of investment firm Blackstone Group, has announced its association with Jio-BP, a fuel and mobility joint venture, for the rollout of electric vehicle (EV) charging and battery swapping stations across their portfolio of 17 malls across 13 cities.

Share Market Live

NSE

As part of this partnership, Nexus Malls will be installed with 24x7 charging infrastructure for two- and four-wheeler EVs. In the first phase, these charging stations will be available at Nexus Malls in Navi Mumbai, Bengaluru, Hyderabad, Pune, and Ahmedabad from this June.

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.

Also Read:

Who's driving the 7x growth in electric two-wheeler sales this year

To accelerate EV adoption, Nexus will encourage the company's customers to charge vehicles at their malls among other environment-conscious initiatives. Nexus Malls currently is one of the largest mall owners in the country.

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.

A joint statement said the companies are creating a charging ecosystem that will benefit all the stakeholders in the EV value chain and leverage the best of RIL and BP's strengths in electrification.

Also Read: Exclusive | EV makers may soon have to follow BIS standards for batteries

Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
FinVolution Group Q3 Non-GAAP Profit, Revenue Rise
FinVolution Group Q3 Non-GAAP Profit, Revenue Rise
Nov 19, 2024
05:21 PM EST, 11/18/2024 (MT Newswires) -- FinVolution Group ( FINV ) reported a Q3 non-GAAP profit late Monday of 2.55 Chinese renminbi ($0.35) per diluted American depository share, up from 2.16 renminbi a year earlier. Net revenue for the quarter ended Sept. 30 rose to 3.28 billion renminbi from 3.20 billion renminbi a year earlier. No analyst estimates were...
BellRing Brands Fiscal Q4 Adjusted Earnings, Net Sales Increase; Fiscal 2025 Outlook Set
BellRing Brands Fiscal Q4 Adjusted Earnings, Net Sales Increase; Fiscal 2025 Outlook Set
Nov 19, 2024
05:20 PM EST, 11/18/2024 (MT Newswires) -- BellRing Brands ( BRBR ) reported fiscal Q4 adjusted earnings late Monday of $0.51 per diluted share, up from $0.41 a year earlier. Analysts polled by Capital IQ expected $0.51. Net sales in the quarter ended Sept. 30 rose to $555.8 million from $472.6 million a year earlier. Analysts surveyed by Capital IQ...
US Senate to consider measures blocking some arms sales to Israel
US Senate to consider measures blocking some arms sales to Israel
Nov 19, 2024
* Senate vote on blocking arms sales to Israel expected Wednesday * Resolutions unlikely to pass due to strong bipartisan support for Israel * Biden administration sees progress in aid flow to Gaza, aid groups disagree (Updates timing of vote in first paragraph, adds co-sponsors and descriptions of munitions in paragraph 5) By Patricia Zengerle WASHINGTON, Nov 18 (Reuters) -...
Super Micro Computer names BDO as auditor, files Nasdaq compliance plan
Super Micro Computer names BDO as auditor, files Nasdaq compliance plan
Nov 19, 2024
(Reuters) -Super Micro Computer ( SMCI ) on Monday named BDO USA as its auditor and said it has submitted a plan to the Nasdaq seeking additional time to regain compliance with the listing rules, sending its shares soaring 27% in extended trading. In the compliance plan, the AI server maker said it will be able to complete its annual...
Copyright 2023-2026 - www.financetom.com All Rights Reserved