By Priya Singh
3325 Views
Updated On: 04-Dec-2024 06:42 AM
Their focus will include e-mobility, EV charging infrastructure, renewable energy, and battery energy storage systems (BESS).
Key Highlights:
India’s JBM Group has joined hands with Singapore-based Keppel Ltd to tackle major global sustainability issues. Their focus will include e-mobility, EV charging infrastructure, renewable energy, and battery energy storage systems (BESS). The collaboration will focus on e-waste management, transport electrification, and reducing carbon emissions in urban infrastructure.
Expertise
Keppel Ltd: Known for integrated clean energy, EV charging, and resource circularity solutions.
JBM Group: Specializes in electric vehicles, EV aggregates, and battery technology.
The collaboration aims to develop innovative projects such as electromobility hubs and resource recovery facilities.
Strengthening India-Singapore Ties
Piyush Goyal highlighted the significance of India-Singapore relations, which were elevated to a Comprehensive Strategic Partnership (CSP) in September 2024. The partnership aligns with India’s priorities, including the energy transition and the India Cooling Action Plan, promoting innovation and sustainable growth.
Leadership Insights
Nishant Arya, Vice Chairman, JBM Group: "This partnership combines JBM's e-mobility and renewable expertise with Keppel's sustainable infrastructure solutions, aiming for transformative outcomes."
Cindy Lim, CEO, Keppel Infrastructure Division: "India’s growing electricity demand offers opportunities to contribute significantly to sustainable development through partnerships like this."
JBM Group’s Vision
JBM Group aims for its electric buses to cover 1 billion e-kilometers within 3–4 years, contributing to its Net Zero 2040 goals.
Future Plans
JBM and Keppel will conduct feasibility studies and collaborate on EV charging networks and BESS to meet the growing demand for renewable energy and decarbonization in commercial and industrial sectors.
About JBM Group
JBM Group started in 1983 by manufacturing cylinders. Inspired by the vision of "JBM inside," similar to Intel's "Intel inside," the company aimed to make JBM components a part of every vehicle in India. Today, JBM produces half a million auto components daily, fulfilling this dream.
In 1987, JBM collaborated with India's largest car manufacturer, marking a significant milestone. Over the years, the company has grown into a $3 billion global conglomerate, operating in more than 10 countries.
With over 30,000 dedicated employees, JBM Group continues to focus on scalability, sustainability, and excellence under the shared value of "One JBM."
Also Read: JBM ECOLIFE Secures USD 100 Million Funding for Electric Buses
CMV360 Says
This partnership is a positive step toward clean energy and e-mobility advancements. JBM’s expertise in electric vehicles and Keppel’s strength in sustainable infrastructure create opportunities for meaningful innovations.
The collaboration highlights the importance of global partnerships in addressing sustainability challenges. These efforts can contribute to a greener future while supporting economic growth and energy transition goals.