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Reliance denies report of pausing battery cell plans, says manufacturing strategy unchanged

Reliance Industries has confirmed that its plans for battery storage manufacturing remain intact, contradicting a Bloomberg report suggesting that the company had paused its lithium-ion battery cell production due to difficulties in obtaining Chinese technology.

Reuters

Reuters

Credit: Reliance logo.

Key Highlights

  • Reliance Industries denies pausing battery cell production plans.
  • The company cites its manufacturing strategy as unchanged.
  • Bloomberg reported the pause was due to failure in securing Chinese technology.
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Sources

  1. Reliance denies report of pausing battery cell plans, says manufacturing strategy unchanged

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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