JBM Auto Expands into EV Battery Services with New Subsidiary

JBM EV Ventures Pvt. Ltd. aims to support the adoption and usage of electric vehicles and participate in initiatives led by both government and private sector entities to promote sustainable transportation.

February 27, 2025. By Aishwarya

JBM Auto Ltd. has announced the incorporation of its wholly owned subsidiary, JBM EV Ventures Pvt. Ltd.

The company received the Certificate of Incorporation from the Registrar of Companies, NCT of Delhi and Haryana, on February 25, 2025.

The subsidiary has been established to focus on electric vehicle battery services, including leasing, renting, and subscription-based battery solutions for customers. Additionally, it will be involved in the research, development, manufacturing, and sale of advanced battery technologies and related products.

JBM EV Ventures Pvt. Ltd. aims to support the adoption and usage of electric vehicles and participate in initiatives led by both government and private sector entities to promote sustainable transportation. The company will also explore other allied business activities that align with its core objectives and benefit its stakeholders.

The subsidiary has an authorized share capital of INR 10,00,000 and a paid-up share capital of INR 5,00,000. JBM Auto Limited holds 100 percent of the shareholding in the newly incorporated entity. The company is yet to commence its business operations and is in the initial phase of setting up its activities.

JBM Auto is committed to advancing the electric vehicle ecosystem and strengthening its presence in the evolving mobility sector. The formation of JBM EV Ventures marks a strategic move toward sustainable and efficient transportation solutions.

Tags:

Sustainable Transport

JBM Group

JBM EV Ventures

Certificate of Incorporation

Subsidiary

Battery packs

Battery leasing

Subscription-based battery solutions

Battery Manufacturing

Battery Manufacturing Hub

Battery module