Reliacne Industries Chairman Mukesh Ambani

Photo: Swarajya

Reliance Acquires UK Based Sodium-ion Battery Tech Company Faradion

Reliance New Energy Solar under the leadership of Mukesh Ambani signed an agreement to buy the UK-based company Faradian for 100 million pound. It works in the field of sodium-ion battery technology which is said to be better than lithium-ion batteries. Reliance has also planned to invest 25 million pound in the company. ''We welcome Faradion and its experienced team to Reliance family,'' said Mukesh Ambani, Reliance Industries Chairman.  

Fri, 31 Dec 2021 - 06:18 PM / by Brijesh Goswami

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