Reliance Industries showcased its swappable and multipurpose battery storage technology for electric vehicles (EVs) on Wednesday, as it makes a big push on clean energy. Reliance, led by billionaire Mukesh Ambani, displayed removable and swappable batteries for EVs that can also be used to power household appliances through an inverter at a renewable energy exhibition. …
China’s BYD has submitted a $1 billion (nearly Rs. 8,200 crore) investment proposal to establish a joint venture for electric cars and batteries in India. The proposal was made in partnership with Hyderabad-based Megha Engineering and Infrastructures. The plan includes the production of a full range of BYD-brand electric cars in India, from hatchbacks to …
In the race to produce affordable electric vehicles (EVs), the auto industry is increasingly turning to lithium iron phosphate (LFP) as the preferred material for EV batteries. LFP’s popularity can be attributed to its environmental and geopolitical advantages, as well as advancements in its performance compared to other materials like nickel and cobalt. Leading EV …