Reliance Acquires Lithium Iron Phosphate Battery Maker for $61 Million

Reliance Acquires Lithium Iron Phosphate Battery Maker for $61 Million

Reliance New Energy Limited (RNEL), a wholly-owned subsidiary of Reliance Industries, substantially acquired all assets of Lithium Werks BV, a provider of cobalt-free Lithium Iron Phosphate (LFP) batteries, for $61 ...
Reliance to Acquire Sodium-Ion Battery Technology Provider Faradion for £94 Million

Reliance to Acquire Sodium-Ion Battery Technology Provider Faradion for £94 Million

Reliance New Energy Solar Limited (RNESL), the green energy arm of Reliance Industries Limited (RIL), has signed an agreement with sodium-ion battery technology provider Faradion Limited to acquire a 100% ...
/ / Energy Storage
UK’s Faradion Inks Deal with Indian Startup for the Use of Sodium-Ion Batteries

UK’s Faradion Inks Deal with Indian Startup for the Use of Sodium-Ion Batteries

U.K.-based Faradion Ltd, a manufacturer of sodium-ion batteries, has announced a partnership with Infraprime Logistics Technologies (IPLTEC) to provide batteries for commercial vehicles in the Indian electric vehicle market. IPLTech ...