31.1 C
Delhi

Reliance to step into making Lithium Ion batteries from 2023

India is currently going through a boom for startups and with the wealth of talent, and youth, Reliance Industries is betting to make the country more pollution free. Among other private companies like Tata Power, Reliance wants to enter the race to make Lithium Ion batteries in India itself.

So, this will help reduce insane costs of these batteries and as demand grows, India will eventually be an exporter while also meet the demand as well. As the EV boom grows in the nation and more companies start making EVs inside countries, companies like Tata Power and Reliance will be key to carry forward the next revolution.

Mukesh Ambani did outline the strategic partnership it has made with Lithium Werks, Faradion and Ambri, to promote Green mobility while also helping itself to manufacture cutting edge products. He also outline Reliance will focus in making strong yet safe batteries with long battery life and can be fast charged as well.

With new Giga factory, Reliance will be making its own electronic equipment in-house as it progresses to 5G, cloud computing and IoT. The company aims to start production of battery packs by 2023 and scale up to a fully integrated 5 GWh annual cell to pack manufacturing facility by 2024, and further scale up to 50 GWh annual capacity by 2027.

- Advertisement -TechnoSports-Ad
Reliance to step into making Lithium Ion batteries from 2023
Photo by mohamed abdelghaffar on Pexels.com

Reliance foray in Power Electronics / Glass and POE film

o In addition to the four Giga Factories announced last year viz. Solar Panels, Energy Storage Solutions, Electrolysers and Fuel Cells, Reliance will also set up a new Giga Factory for Power Electronics. Affordable and reliable power electronics are a critical component of the entire value chain of Green Energy.

o The design and manufacturing capabilities in Power Electronics and associated software systems will integrate with RIL’s capabilities of Telecommunications, Cloud Computing and IoT platform

o Besides, to support the solar energy capabilities Reliance will also invest in Glass and POE film manufacturing – both having natural synergies with its Chemical and Materials business

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Raunak Saha
Raunak Saha
A cs engineer by profession but foodie from heart. I am tech lover guy who has a passion for singing. Football is my love and making websites is my hobby.
TechnoSports-Ad

Popular

TechnoSports-Ad

Related Stories

More from author

Bigg Boss Vote 2024- Unveiling the Power of Viewers

Bigg Boss Vote 2024: How to Vote and All Details Reality TV has, over the years, evolved into a genre that commands substantial viewership. One...

Vi revises existing ₹129 and ₹298 plans with more benefits as of 29th April 2024

Vodafone Ide­a or Vi, also known as Vi, recently unveile­d their revamped ₹129 and ₹298 plans, aiming to offer enhanced value amidst the­ intensifying...

Airtel Balance Check Codes: Top 5 Methods as of April 29

Airtel Balance Check Codes: A Total Guide in 2024 As an Airtel customer, it's crucial to be aware of your remaining balance to avoid unexpected...

What is the Airtel Minimum Recharge Plan as of April 29?

Know what the Airtel Minimum Recharge Plan is: The Ultimate Guide Bharti Airtel, India's second-largest telecom operator with millions of active customers, is committed to...