Get All Access for $5/mo

Jio-bp To Power Zomato's EV Journey Jio-bp will provide EV mobility services to Zomato, along with access to 'Jio-bp pulse' branded battery swapping stations for last-mile delivery

By Soumya Duggal

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

freepik

Jio-bp, a fuels and mobility joint venture between RIL and bp, and Zomato have entered an agreement to support the latter's commitment towards The Climate Group's EV100 initiative of 100% EV fleet by 2030. Towards the same, Jio-bp will provide EV mobility services to Zomato, along with access to 'Jio-bp pulse' branded battery swapping stations for last-mile delivery.

Leveraging the best of RIL and bp's strengths in electrification, Jio-bp claims to be creating an ecosystem that will benefit all the stakeholders in the EV value chain. Last year, Jio-bp, constructed and launched two of India's largest EV charging hubs. The JV's electric mobility business, offering charging infrastructure to Indian consumers, operates under the brand Jio-bp pulse. With the Jio-bp pulse mobile app, customers can easily find nearby charging stations and seamlessly charge their EVs.

"The collaboration is poised to accelerate EV adoption in the rapidly growing Indian delivery and transportation segment. With high-performance batteries resulting in superior on-road range and with swapping taking just a couple of minutes, battery swapping has become an ideal solution for two and three-wheelers, especially those playing in the last-mile delivery segment. Therefore, battery swapping is set to be the primary driver in electrification of the last mile delivery and passenger segments," said a staement.

Operating under the brand 'Jio-bp', Reliance BP Mobility Limited (RBML) is an Indian fuels and mobility joint venture between Reliance Industries Limited (RIL) and bp. The joint venture leverages Reliance's presence across the country and its millions of consumers through the Jio digital platform. bp brings its extensive global experience in high-quality differentiated fuels, lubricants, retail, and advanced low carbon mobility solutions.

In addition to marketing conventional fuels, RBML provides advanced mobility solutions and alternate fueling options to its customers such as Electric Vehicles (EV) charging points, and Battery Swapping Stations (BSS). The company's aviation brand 'air bp-Jio' is a major supplier of Aviation Turbine Fuel across India. The brand 'Jio-bp Fuel4U' caters to on-demand doorstep delivery of diesel and claims to be a market leader in the segment.

Soumya Duggal

Former Feature Writer

News and Trends

Recur Club Announces Credit Offerings for Startups Beyond Series A and SMEs

In FY 24–25, the platform also plans to deploy an additional INR 2000 crores through its Recur Swift program for startups.

Leadership

How to Master the Art of Delegation — Lessons From Andrew Carnegie's Legacy

Here's what Andrew Carnegie can teach today's entrepreneurs about leadership, teamwork and effective delegation.

News and Trends

Avanti Finance Garners USD 14.2 Mn to Enhance Rural and Urban Credit Channels

The funding will expand Avanti's loan book, enhance its deep-tech platform, innovate frictionless credit solutions, and strengthen channels in rural and urban markets for inclusive financial services.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

News and Trends

Multiples Private Equity Leads INR 1000 Cr Funding in Shubham Housing

With the raised funds, the Gurugram-based platform aims to propel its growth trajectory, diversifying its product offerings and strengthening its national footprint.

News and Trends

WhatsApp Launches Bharat Yatra to Empower Small Businesses in India

This initiative builds on WhatsApp's recent innovations tailored for SMBs, including the Meta Verified feature, which enhances credibility, and customized messaging tools for more efficient customer communication.