JBM Auto Expands to EV Batteries: JBM Auto plans to contribute to adopting and using electric vehicle initiatives by the government and private companies. To provide sustainable transportation service through EV battery production in India.
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JBM Auto Expands to EV Batteries
JBM Auto Ltd announces the incorporation of the subsidiary, Company has to get the certificate of incorporation from the registrar of companies. NCT Delhi and Haryana February 2025.
JBM Auto EV Batteries Subsidiary
This Subsidiary has been established to focus on electric vehicle battery service including leasing and subscription-based battery solutions for customers. It has also been involved in research, development, and manufacturing and sale of advanced battery technology and related products through its expansion.JBM Auto ventures to support adoption and users of electrical in schedule by government and private sector to promote sustainable transport.
JBM Auto Ltd Share Capital
The subsidiary has an authorized share capital of 10 Lakh Indian Rupees And also paid off share capital of 5,00,000 Indian rupees. JBM Auto Limited has 100% of the shareholdings. JBM Auto is committed to an advanced electric vehicle ecosystem to evolve the mobility sector.
#ChSambhajinagar
— Maharashtra Progress Tracking (@abhirammodak) January 18, 2025
JSW Group is about to finalize multiple tech partnerships to enter EV and battery manufacturing. The conglomerate is investing ₹27,200 crore in Ch Sambhajinagar in Maharashtra for a large-scale EV factory. Plans include setting up facilities with a production… pic.twitter.com/T2sMP8HJOl
Conclusion on JBM Auto Expands to EV Batteries
JBM Auto’s strategic expansion into EV battery services in 2025 marks a significant step towards bolstering India’s electric vehicle ecosystem. By establishing a dedicated subsidiary, JBM Auto is poised to contribute meaningfully to the adoption and utilization of electric mobility initiatives, both governmental and private. This venture, focusing on battery leasing, subscription services, and advanced battery technology development and manufacturing, addresses a critical need in the burgeoning EV market.
Jay Chavda He is the Founder and Writer of businesspulsecare.com. He is an I.T Engineer, Freelancer, Businessman. He posts Business, Stock/Share Market, Finance Related News and updates on the website. 🔗