Jio-bp
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Jio-bp - overview
Location
Mumbai, Maharashtra, India
Primary Industry
Oil & Gas
About
Based in Maharashtra, India, Reliance BP Mobility Limited, doing business as Jio-bp, specializes in energy and mobility solutions to improve the fuel and electric vehicle infrastructure in both urban and rural markets. In February 2024, Jio-bp acquired Magenta Mobility's public EV charging infrastructure business from Morgan Stanley Infrastructure Partners, BP Plc, LetsVenture, JITO Incubation & Innovation Foundation, and Hindustan Petroleum. As of 2024, the company is led by its CEO, Harish Mehta. Jio-bp provides a range of mobility solutions tailored to meet the diverse needs of its customer base, which includes individual consumers, fleet owners, and enterprise clients across various sectors.
The company’s core offerings include differentiated fuel products featuring internationally developed ACTIVE technology to improve engine cleanliness and optimize performance. Additionally, Jio-bp operates a robust electric mobility segment branded as Jio-bp pulse, which aims to establish India’s electric vehicle (EV) charging and battery swapping infrastructure, catering to both B2B and B2C markets. The company generates income through the sale of its flagship products, including quality fuels delivered via its Fuel4U service and its innovative EV charging solutions. Jio-bp aims to launch its products, including new fuel variants and enhanced electric vehicle charging technologies, with expected rollouts in the coming year.
The company plans to expand its operations into emerging markets such as tier-2 and tier-3 cities in India by 2025, focusing on enhancing accessibility to sustainable energy solutions. Recent funding will be utilized to bolster the development of EV infrastructure and fuel delivery services, supporting these expansion efforts.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas, Energy Storage & Batteries
Website
www.jiobp.com/
Verticals
Electric & Hybrid Vehicles, Manufacturing
Total Amount Raised
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