Jio-bp, a joint venture between Reliance Industries and BP, expanded its network to 1,400+ locations across eight cities and important highways in India during the fiscal year 2022-2023.
This represents an addition of over 1,000 public charging stations. In its most recent annual report, the corporation stated that it anticipates growing its network multi-fold again in the fiscal year 2023–2024.
The company's EV charging business is operated under the Jio-bp Pulse brand, which boasts seven of the largest charging hubs in the nation (each with over 100 charge stations) and several more hubs in the construction phase. Additionally, the business has constructed EV charging stations at public parking lots, retail establishments, office buildings, and residential areas.
Also, in an attempt to hasten the nation's transition to electric vehicles (EVs), Reliance Industries, the biggest private firm in India, is making significant investments in green mobility. By developing materials, management systems, and cells, Reliance says it is building a holistic manufacturing ecosystem that will enable the production of safe, dependable batteries with high energy density and quick charging times. For instance, Reliance is partnering with Lithium Werks, Faradion, and Ambri to work in the field of advanced chemistry solutions to improve performance.
While Lithium Werks offers high-performance lithium iron phosphate (LFP) solutions, Faradion provides sodium-ion battery chemistry, and Ambri is a leader in liquid metal energy storage solutions. In addition to its battery ecosystem efforts, Reliance is exploring hydrogen fuel cell technology and other clean energy solutions for transportation.