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NEW DELHI, Oct 26 (Reuters) - The retail fuel joint venture
of Reliance Industries Ltd and BP has started
selling multiple fuels including services for charging and
battery swapping for electric vehicles in India, it said in a
statement on Tuesday.
India, the world's third biggest carbon emitter, is offering
incentives to motorists as it seeks to speed up the adoption of
electric vehicles in the country.
Reliance BP Mobility Ltd opened its first station under the
Jio-BP brand at Navi Mumbai, and in the coming months plans to
rebrand the 1,400 stations that belonged to Reliance before the
joint venture was formed in 2019, it said.
BP Chief Executive Bernard Loony last week said the plan is
raise the number of fuel stations to 5,500 by 2025.
BP has 49% stake in the joint venture while Reliance,
operator of the world's biggest refining complex, holds the
remainder.
The joint venture said India's demand for fuel and mobility
is expected to grow rapidly over the next two decades.
"Jio-BP Mobility Stations are designed to help meet this
growing demand ... They bring together a range of services for
consumers on the move - including additivised fuels, EV
charging, refreshments and food, and plan to offer more low
carbon solutions over time," it said.
(Reporting by Nidhi Verma; editing by David Evans)
