JBM Group Partners Singapore’s Keppel To Decarbonise and Introduce Solutions For E-Mobility And E-Waste
- By MT Bureau
- December 03, 2024
JBM Group, a leading player in the commercial vehicle and component manufacturing space, has signed a strategic partnership with Singapore-based Keppel for decarbonisation and green mobility.
The partners will focus on decarbonising urban infrastructure, provide unique and customised solutions for electric mobility and electric waste (e-waste) management. As part of the understanding, Keppel will brings its leading-edge capabilities in integrated clean energy, electric vehicle (EV) charging and resource circularity solutions.
On the other hand, JBM Group will leverage its expertise in electric vehicles, EV aggregates and key auto systems. They will joint develop projects focussing on e-mobility, Battery Energy Storage Systems and e-waste solutions. Furthermore, they will also look at setting up EV charging networks, e-mobility hubs and resource recovery facilities.
The agreement was done at the 29th Confederation of Indian Industry (CII) Partnership Summit 2024 in New Delhi, India. The MoU was signed in the presence of Piyush Goyal, Minister of Commerce and Industry, Government of India by Nishant Arya, Vice Chairman, JBM Group and Cindy Lim, CEO, Keppel’s Infrastructure Division.
“India and Singapore share a long-standing and robust partnership that was recently elevated to a Comprehensive Strategic Partnership (CSP) during Prime Minister Narendra Modi's visit to Singapore in September 2024. This significant step enhances collaboration in sustainability, advanced manufacturing, digital technology and green energy,” said Goyal
“At the 29th CII Partnership Summit, I am pleased to witness landmark agreements between Keppel and leading Indian corporations. These collaborations align with India's priorities, including the energy transition and the India Cooling Action Plan, fostering innovation and paving the way for economic growth and a sustainable future for both nations. This augurs well as our countries celebrate the 60 years of diplomatic relations in 2025,” he added.
Nishant Arya said, “This strategic partnership with Keppel marks a significant step forward in our commitment to advancing the global energy transition and decarbonisation goals. The combined synergies of two global leaders joining hands, with JBM’s expertise in e-mobility, renewables and green manufacturing and Keppel’s innovative solutions in infrastructure and sustainability, we aim to deliver transformative outcomes in clean energy and electro-mobility domains. Together, we will pioneer solutions that shall redefine the global sustainability landscape towards creating a zero carbon and resilient future for our communities.”
Cindy Lim added, “India's electricity demand is rapidly rising on the back of its growing economy, urbanisation and electrification. Through forging partnerships with leading partners like JBM Group, Keppel is uniquely positioned to participate in and contribute meaningfully towards India’s sustainable development. We look forward to working with our esteemed partner to deliver differentiated and impactful decarbonisation and sustainability solutions to help meet the net-zero commitments of both India and our customers.”
TVS iQube S 4.7 kWh Variant Launched At INR 137,142
- By MT Bureau
- May 06, 2026
Chennai-headquartered two-wheeler and three-wheeler major TVS Motor Company (TVSM) has announced the launch of the TVS iQube S 4.7 kWh at INR 137,142 (ex-showroom Delhi).
The e-scooter is equipped with a 4.7 kWh battery that offers a claimed range of 175 km (IDC-certified). The variant introduces new colour options, including Magnificence Purple Beige, Harlequin Blue Beige and Titanium Grey Matte.
The TVS iQube is one of the most popular e-scooters sold in India. The e-scooters are currently available in more than 1,000 cities and 3,300 dealerships across India.
Yulu Enters Bhopal, Expands Footprint In Central India
- By MT Bureau
- May 05, 2026
Yulu has launched its franchisee-led service in Bhopal, Madhya Pradesh, marking its ninth partner-led rollout under the Yulu Business Partner (YBP) initiative.
The service is operated by Tezz Mobility, led by entrepreneurs Dharamveer Singh Bhadoriya and Siddharth Jain, and expands Yulu’s presence into Central India.
The partnership aims to address the growing demand for last-mile delivery services in Bhopal, which is currently served primarily by petrol vehicles. The ecosystem includes a city-wide network of Yulu Zones, a central operations and service hub and a battery-swapping grid provided by Yuma Energy.
In the first phase, operations are focused on high-density delivery zones such as Shahpura, with plans to expand to Hoshangabad Road, New Market, TT Nagar, Kolar Road and Habibganj.
Tezz Mobility intends to scale its fleet to over 1,000 electric vehicles (EVs) within the next two to three years, covering Bhopal and other high-potential regions in north and west India.
The launch is designed to overcome local barriers to EV adoption, such as limited rental options and a lack of dedicated charging infrastructure. By providing purpose-built delivery EVs and a pay-per-use model, the service allows delivery partners to access sustainable mobility without the need for personal vehicle ownership or fuel reimbursements. The long-term objective of the initiative is to transition 100 percent of Bhopal's delivery traffic to EV-powered mobility.
Amit Gupta, Co-Founder & CEO, Yulu, said, “Bhopal represents a strong market opportunity characterised by rising delivery demand and a thriving gig economy. With 45+ dark stores and thriving food delivery activity, the Bhopal market has room for ~8,000 delivery riders. Through our partnership with Tezz Mobility, Yulu is delighted to build a scalable, tech-driven logistics backbone to cater to this demand. Yulu’s proven mobility stack and segment expertise, coupled with Dharamveer and Siddharth’s operational prowess, will accelerate Bhopal’s transition toward a more efficient, sustainable and future-ready mobility ecosystem.”
Dharamveer Singh Bhadoriya, Co-Promoter, Tezz Mobility, added, “Our previous experience as a supplier to leading quick commerce brands has given us a first-hand understanding of the operational challenges delivery ecosystems face every day. With Yulu’s platform, we are bringing a proven, end-to-end solution that allows Bhopal’s delivery partners to access reliable, affordable and sustainable mobility while helping aggregators to meet their EV commitments from day one.”
Siddharth Jain, Co-Promoter, Tezz Mobility, added, “Yulu’s full-stack platform, brand trust and aggregator relationships have enabled Tezz Mobility to reduce our build time from 1.5 years to mere weeks. The Tezz team is excited to transform Bhopal’s mobility landscape. The longer arc is to turn Bhopal into a reference model for every subsequent city.”
- Indofast Energy
- Indian Oil
- Sun Mobility
- Anant Badjatya
- Motovolt Mobility
- e-Sprinto
- Quantum Energy
- Mumbai Metro Rail Corporation (MMRCL)
- Indian Railways
- Nexus Select Malls
Indofast Energy Targets 3,500 Battery Swap Stations By FY2027
- By MT Bureau
- May 05, 2026
Indofast Energy, the joint venture between Indian Oil Corporation and Sun Mobility, has announced a record performance for FY2026, surpassing several key infrastructure and partnership milestones.
The battery-swapping provider has established a network of over 1,600 stations across 23 cities and supports more than 90,000 vehicles.
The company’s growth has been supported by large-scale infrastructure projects and a focus on clean mobility. The network has facilitated more than 1.6 billion kilometres of clean travel and saved 80,000 tonnes of CO2 emissions. It surpassed 1,600 battery swap stations across a mix of metro, Tier II and Tier III markets.
Indofast Energy expanded its ecosystem through collaborations with manufacturers and urban mobility hubs. The company has forged partnerships with 32 OEMs, including Motovolt Mobility, e-Sprinto and Quantum Energy. It also fostered new infrastructure partnerships, including the Mumbai Metro Rail Corporation (MMRCL), Indian Railways and Nexus Select Malls. With use cases now spanning personal mobility, e-commerce, food delivery and last-mile logistics.
Following the momentum of FY2026, Indofast Energy aims to deploy 3,500 stations by FY2027. The company plans to support 232,000 electric vehicles within the same period.
Anant Badjatya, CEO, Indofast Energy, said, "FY26 has been a defining year for Indofast Energy as we strengthened our position as India’s safest and most trusted battery-swapping network. From scaling our station footprint and onboarding thousands of vehicles, to forging strategic partnerships across OEMs, fleets and infrastructure players, every milestone reflects our commitment to powering everyday India".
Nissan Intros Gravite CNG With Twin-Cylinder Retrofitment Kit
- By MT Bureau
- May 04, 2026
Nissan Motor India (NMIPL), one of the leading passenger vehicle manufacturers, has introduced a government-approved CNG retrofitment kit for the Nissan Gravite. The kit features a twin-cylinder setup that allows the vehicle to maintain its functionality as a seven-seater. Developed and quality-assured by Motozen, the kit is available at an introductory price of INR 82,999.
The Gravite CNG uses two 25-litre cylinders designed to preserve third-row space and modularity. It features a sequential BS6.2 compliant kit and dynamic advancer technology optimised for the Gravite. The ICAT-approved system includes cylinders with an 8.1 mm thickness for increased durability. The design includes a fuel filling point located under the fuel lid and component brackets with a factory-finish integration. The CNG kit components are covered by a three-year or 100,000 km third-party warranty.
Thierry Sabbagh, Divisional Vice-President and President, Middle East, KSA, CIS and India – Nissan and Infiniti, said, “India continues to be a strategic market for Nissan, and our focus is on bringing products and mobility solutions that are relevant, accessible and future-ready, aligned with the evolving needs of the customers. The introduction of the CNG option for the All-New Nissan Gravite is a significant step in that direction”.
Saurabh Vatsa, Managing Director, Nissan Motor India, added, After an extremely positive reception from the customers for the Magnite CNG, we are delighted to now launch the first twin-cylinder solution in the segment for The all-new Nissan Gravite. It has been designed for customers who need the practicality, flexibility and comfort of a 7-seater MPV for everyday family use. With the introduction of the government-approved CNG retrofitment kit, we are making that proposition even stronger by offering a solution that is not only economical to run but also designed to retain its full 7-seater flexibility, modularity & capability through a smart twin-cylinder setup, ensuring no compromise on space or everyday usability.”

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