Reliance Industries Pauses Lithium-Ion Battery Cell Manufacturing Plans Amid Tech Hurdles
26 minutes agoBusiness
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3 SourcesXiamen, China
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Reliance Industries Pauses Lithium-Ion Battery Cell Manufacturing Plans Amid Tech Hurdles

Reliance Industries has reportedly paused its plans to manufacture lithium-ion battery cells in India after discussions for technology licensing with Chinese supplier Xiamen Hithium stalled. This setback, attributed to China's curbs on overseas technology transfers, prompts Reliance to shift focus to assembling battery energy storage systems for its renewable projects. The company stated its energy storage plans remain on track, though specific details regarding the Chinese partnership were not addressed.

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