Gulf Oil Lubricants India, backed by the Hinduja Group, doubles down on its electric vehicle charging ambitions. The lubricant major positions Tirex Chargers as the cornerstone of its growing mobility ecosystem. This move builds on years of strategic investments in EV infrastructure.
Deepening Tirex Partnership for Rapid Charging
Tirex delivers super-fast, reliable charging solutions tailored for residential, business, and public use. Gulf leverages Tirex for scalable infrastructure targeting cars and commercial vehicles. Deployments focus on fuel stations, retail outlets, and fleet operations to support on-the-go EV drivers.
Leveraging Past Investments in EV Ecosystem
Gulf previously invested in UK-based Indra Renewables for smart chargers and ElectreeFi for SaaS-based charging and fleet management. These alliances enable comprehensive solutions including battery swapping and V2G technology. The company eyes ₹400-500 crore in charger revenue over the next 4-5 years.
Positioning for India’s EV Growth
Gulf utilizes its pan-India network and OEM ties to scale fast-charging access. This expansion addresses infrastructure bottlenecks amid rising EV adoption. Tirex integration accelerates Gulf’s transition from lubricants to full-spectrum EV mobility services.
