Reliance Industries, a leading conglomerate, is making strides in the EV battery sector. They are currently setting up a fully integrated battery gigafab in Gujarat, India.
Reliance’s Swappable EV Battery Trials
Reliance has initiated trial runs of its swappable EV batteries. The trials are in collaboration with online grocer BigBasket in Bangalore. At present, the batteries are produced in-house using imported LFP cells, as confirmed by company representatives.
Reliance’s Investment in Battery Technology
Reliance Industries is investing heavily in cobalt-free LFP technology and sodium-ion. This investment is for their proposed fully integrated energy storage giga-factory in India. Reliance New Energy, a unit of Reliance Industries, recently acquired Faradion, a Sodium-ion Battery provider. Following this, they also acquired Lithium Werks, an LFP battery specialist based in the Netherlands.
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