Reliance Industries’ JV to set up EV charging and battery swapping stations at Omaxe properties

Reliance Industries
Reliance Industries

Jio-bp, a joint venture between Reliance Industries (RIL) and bp, is planning to set up EV charging and battery swapping stations at properties of real estate developer Omaxe in 12 cities as it looks to take mobility solutions to doorstep of users. Omaxe will be a partner in establishing a battery charging ecosystem for electrical vehicles.

Jio-bp will set up EV charging and swapping infrastructure at various Omaxe properties across Delhi, Noida, Greater Noida, Faridabad, Ghaziabad, New Chandigarh, Ludhiana, Patiala, Amritsar, Jaipur, Sonipat and Bahadurgarh in a phased manner. As penetration of EVs — automobiles powered by electric power that use energy stored in rechargeable batteries — increases, Jio-bp feel charging infrastructure needs to be set up at commercial establishments. It is working with developers and real estate players in the country.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

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