Jio-bp is set to expand its electric vehicle (EV) charging network in India, targeting over 30,000 charging points by 2030, a fivefold increase from its current footprint. The company is banking on rising EV adoption, particularly in the two-wheeler segment, where penetration surpassed 6% in 2024, according to government data.
The joint venture between Reliance Industries and bp has focused on deploying chargers in public and semi-public spaces, including malls, airports, hotels, corporate parks, and residential societies. Jio-bp inaugurated its 5,000th charging point in September 2023 and has since expanded to 5,600 chargers across 550 locations. The company claims that 95% of its network consists of fast chargers, making it the leading operator in this category.
Jio-bp’s expansion aligns with India’s push to improve charging infrastructure. The government has allocated ₹2,000 crore ($240 million) to support 72,300 new fast chargers. The company is also working toward sustainability, planning to source 70% of its charging network’s electricity from renewable energy to reduce reliance on coal-based power, which accounted for 74.4% of India’s electricity generation in 2024.
Jio-bp, formally known as Reliance BP Mobility Limited (RBML), was established in 2020 as a fuels and mobility joint venture, with bp holding a 49% stake. In addition to EV charging, the company operates a fuel retail network selling petrol, diesel, and CNG across India.
