India, Feb. 26 -- JBM Auto has incorporated a wholly owned subsidiary company i.e. 'JBM EV Ventures'.Main object of JBM EV Ventures to carry on the business of providing electric vehicle (EV) battery services to customers on a subscription basis, Leasing, renting, and subscription of EV batteries.- Research, development, manufacturing, and sale of advanced battery technologies and related products.- Engage in activities that support the adoption and usage of electric vehicles.- Participating in government and private sector initiatives to promote sustainable transportation.- To carry out any other allied business activities that are in the best interest of the company and its stakeholders.
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