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

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..