Jio-bp could offer 30,000+ charging points in India by 2030
“We have seen across countries that when the adoption of electric vehicles breaches the 5% mark, the growth thereon is rapid, and Jio-bp is also banking on that growth in India,” a person familiar with the development told Indian business newspaper Mint. The source was referring to the fact that EV adoption in India has surpassed the 5% threshold in the two-wheeler segment. According to the data from the Ministry of Road Transport and Highways (MoRTH)’s Vahan portal, EV penetration in the two-wheeler segment stood at 4% in 2022, and in 2024, it grew to more than 6%.
Jio-bp is installing charging stations mainly in public and semi-public spaces like malls, wayside amenities, airports, hotels, corporate parks, and residential societies. The company inaugurated its 5,000th charging point in September last year and has installed 600 more since, bringing the total to 5,600. In a LinkedIn post sharing Jio-bp’s highlights for 2024, COO Rubin Pather said that the company offers its EV charging service in more than 550 sites across India.
Jio-bp says it has the highest proportion of fast-charging stations among all charge point operators (CPOs) in India – 95%. The company was the first CPO in India to install 480 kW chargers. Its expansion drive is in line with the Indian government’s ambition to significantly improve the country’s charging infrastructure. In October last year, the Ministry of Heavy Industries allocated 2,000 crore Indian rupees (approximately 220 million euros) for subsidies to incentivise 72,300 new fast chargers.
According to a Reuters report, India generated 74.4% of total power in 2024 through coal-fired power plants. The country’s heavy reliance on coal-derived electricity raises concerns about the true environmental impact of EVs. However, Jio-bp is being proactive in addressing this issue. The company plans to generate approximately 70% of the electricity for its charging stations from renewable energy sources.
Formally incorporated as Reliance BP Mobility Limited (RBML) in 2020, Jio-bp is a fuels and mobility joint venture between Reliance Industries Limited (RIL) and bp for the Indian market. The British oil major paid RIL one billion dollars (approximately 956 million euros) to own a 49% stake in the partnership. The joint venture sells petrol, diesel, and CNG for ICE vehicles as well.
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