A joint venture of billionaire Mukesh Ambani's Reliance Industries Ltd (RIL) and energy supermajor BP has opened one of the country's largest EV charging hubs in Delhi, as the duo scale up the fuel retail network, offering multiple fuel choices including EV charging infrastructure.
Reliance BP Mobility Limited, operating under the brand name Jio-bp, is working with multiple demand aggregators, original equipment manufacturers (OEMs) and technology partners with a vision of being the leading EV charging infrastructure player in India, RIL had said in its third quarter earnings announcement last week.
"Jio-bp has constructed and launched one of the country's largest EV charging hubs in Dwarka, Delhi with BluSmart as its primary customer," it had said. RBML had launched its first Jio-bp branded Mobility Station at Navde, Navi Mumbai in October last year. And since then it has been scaling up the network. In 2019, BP had bought a 49 per cent stake in over 1,400 petrol pumps and 31 aviation turbine fuel (ATF) stations owned by Reliance for USD 1 billion. The existing petrol pumps of Reliance had since been transferred to the joint venture, which plans to scale them up to 5,500 by 2025.