Gulf Oil India announced a strategic partnership through investment in equity shares in Techperspect Software Pvt Ltd ( ElectreeFi ) a leading E Mobility Solutions ( SaaS) company in India.
This strategic investment and partnership is the second move by Gulf Oil in the EV Mobility value chain after the company invested in the UK based Indra Renewables in 2021 which manufactures smart chargers for the car segment, the statement said.
Techperspect, well known for its Brand ElectreeFi, are primarily a SaaS provider having expertise in implementation of IoT based eMobility Solutions. They have created IoT based eMobility Technology Platforms that has various components and offerings both for businesses and end customers in the Electric Vehicle (EV) domain in association with the leading stake holders in the Indian industry including OEM’s, EV charging networks and EV battery related companies, the statement said.
As a strategic investment this partnership will ensure that Gulf Oil and ElectreeFi can work together to develop solutions leveraging their strengths and play a future role in the fast-changing eMobility space for two and three wheelers and cars to start with, the company adds.
Ravi Chawla, MD & CEO, Gulf Oil Lubricants India Ltd said, “We are delighted to partner with ElectreeFi. The EMobility industry in India is going through a transformational phase and we are confident that Gulf, with its strong Brand image and vast distribution strength will play an enabling role in this electrification journey in the Automotive Industry. Software is an integral and critical component of the electric mobility revolution and we intend to utilize our Pan India touchpoints as well as relationship with Automotive OEMs and Industrial Customers to leverage this alliance to providing superior solutions related to Electric Vehicle Charging, EV Fleet Management and Battery Swapping.”
“I am sure this partnership will grow to benefit the EV Industry as it will ensure an EV Eco System solutionbased approach to customers thereby ensuring seamless EV Charging and Battery Swapping infrastructure development, its operations & management, and easy accessibility for both, B2B and B2C segments,” Chawla adds.
Gulf has already made an entry in the eMobility sector by introducing E Fluids for Hybrid and Electric Vehicles and entered into a strategic alliance with an UK based charging equipment company, Indra Renewables, to launch Gulf Chargers in UK and Globally, including India. Gulf plans to integrate the SaaS offering by ElectreeFi to the Gulf Chargers in India.
