Reliance unveils swappable EV batteries

05 Oct 2023 CW Team

"Reliance Industries Ltd, under the leadership of Mukesh Ambani, unveiled its innovative battery technology designed for electric vehicles (EVs) as part of its commitment to clean energy. At a renewable energy exhibition, the company showcased removable and swappable batteries for EVs that can also power household appliances using an inverter, offering a dual-purpose solution. Users can easily switch these batteries at Reliance's battery swap stations or recharge them with rooftop solar panels, which the company also plans to offer.

This move aligns with Reliance's substantial $10 billion investment in clean energy projects, signaling a strategic shift away from its traditional oil-to-chemical business, with a target of achieving net-zero carbon emissions by 2035. In 2021, Mukesh Ambani announced a significant investment of Rs 75,000 crore over three years to establish a clean energy business.

In pursuit of advanced battery technology, Reliance acquired two battery companies, Faradion and Lithium Werks, specializing in sodium-ion and lithium iron phosphate (LFP) batteries, respectively. This acquisition not only strengthened Reliance's technology portfolio but also provided access to a substantial portfolio of LFP patents and a highly experienced management team.

Furthermore, Reliance secured incentives to establish a 5-gigawatt-hour battery manufacturing facility as part of India's $2.4 billion program to boost local battery cell production, with plans to complete the factory by 2026. This facility will produce batteries and containerized energy storage solutions, contributing to the company's vision of a fully integrated ecosystem.

At the 46th Annual General Meeting in 2023, Mukesh Ambani announced plans for a giga battery factory by 2026. This facility will produce battery chemicals, cells, packs, and containerized energy storage systems, enhancing Reliance's position in the clean energy market. The initial focus will be on LFP chemistry, known for its safety, stability, and lifecycle cost efficiency. Simultaneously, Reliance aims to commercialize sodium-ion battery technology and scale up its production to gigawatt levels by 2025. The company displayed LFP chemistry-based batteries at the recent exhibition, showcasing its commitment to cutting-edge battery solutions.

Reliance Industries Ltd, under the leadership of Mukesh Ambani, unveiled its innovative battery technology designed for electric vehicles (EVs) as part of its commitment to clean energy. At a renewable energy exhibition, the company showcased removable and swappable batteries for EVs that can also power household appliances using an inverter, offering a dual-purpose solution. Users can easily switch these batteries at Reliance's battery swap stations or recharge them with rooftop solar panels, which the company also plans to offer. This move aligns with Reliance's substantial $10 billion investment in clean energy projects, signaling a strategic shift away from its traditional oil-to-chemical business, with a target of achieving net-zero carbon emissions by 2035. In 2021, Mukesh Ambani announced a significant investment of Rs 75,000 crore over three years to establish a clean energy business. In pursuit of advanced battery technology, Reliance acquired two battery companies, Faradion and Lithium Werks, specializing in sodium-ion and lithium iron phosphate (LFP) batteries, respectively. This acquisition not only strengthened Reliance's technology portfolio but also provided access to a substantial portfolio of LFP patents and a highly experienced management team. Furthermore, Reliance secured incentives to establish a 5-gigawatt-hour battery manufacturing facility as part of India's $2.4 billion program to boost local battery cell production, with plans to complete the factory by 2026. This facility will produce batteries and containerized energy storage solutions, contributing to the company's vision of a fully integrated ecosystem. At the 46th Annual General Meeting in 2023, Mukesh Ambani announced plans for a giga battery factory by 2026. This facility will produce battery chemicals, cells, packs, and containerized energy storage systems, enhancing Reliance's position in the clean energy market. The initial focus will be on LFP chemistry, known for its safety, stability, and lifecycle cost efficiency. Simultaneously, Reliance aims to commercialize sodium-ion battery technology and scale up its production to gigawatt levels by 2025. The company displayed LFP chemistry-based batteries at the recent exhibition, showcasing its commitment to cutting-edge battery solutions.

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Real Estate

17 Sep 2025

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Infrastructure Transport

17 Sep 2025

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..