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RIL Forays into Lithium-Ion Battery Business Buys Stake in US Company

RIL Forays into Lithium-Ion Battery Business Buys Stake in US Company

Synopsis: Ambri's long-duration energy storage devices, based on patented technology and expected to last between 4 and 24 hours, will break through the cost, longevity, and safety hurdles associated with lithium-ion batteries. Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries Ltd (RIL), has made its first acquisition as part of the [...]
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