TVS Motor Company, Jio-bp partner up to launch EV charging infrastructure in India

Jio-bp and TVS Motor Company have agreed to partner up to build robust EV charging infrastructure for electric two-wheelers and three-wheelers in the country. Under this partnership, the customers of TVS electric vehicles are expected to get access to the charging network of Jio-bp, which is also open to other vehicles.

According to a statement released by the companies, the partnership aims at creating a regular AC charging network and a DC fast-charging network. In the statement released by the brand, the companies announced that they plan to create a seamless customer journey on TVS Motor and Jio-bp apps.

Jio-bp is operating its EV charging and swapping stations under the brand Jio-bp pulse. With the Jio-bp pulse app, customers can find stations nearby and charge their electric vehicles.

TVS Motor Company has sold over 12,000 units of its high-speed electric scooter TVS iQube. The company is competing with new-age electric vehicle brands such as Ola Electric, Ather Energy in this segment. The TVS iQube offers a more affordable package in comparison to the other offerings.

TVS Motor Company has committed Rs 1,000 crore towards EV business. The company is preparing a portfolio of two and three-wheelers in the range of 5-25kW. TVS claims that all of these products will be in the market within the next 24 months.

TVS Motor Company was the third best-selling EV brand in the country for FY22. The company sold 18,04,542 units of 2-wheelers (including ICE-powered vehicles). In FY21, TVS had sold 17,05,443 units. The company had a market share of over 15 percent in FY22. The introduction of new EVs by the company can further enhance its reach in the otherwise saturated ICE market.

The post TVS Motor Company, Jio-bp partner up to launch EV charging infrastructure in India appeared first on BGR India.

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