Source: Global Times
Special Correspondent Wen Jian, Global Times Bloomberg reported on the 12th, citing informed sources, that Reliance Industries in India has halted its plan to produce lithium batteries in India after failing to obtain Chinese technology. The report indicates that even the most powerful companies in India face significant difficulties in establishing an independent clean energy supply chain.
The report said that according to sources, Reliance Group had originally planned to start producing batteries this year and had been negotiating with a Chinese company for battery technology licensing. The source claimed that due to Chinese regulations on the transfer of key technology abroad, the company withdrew from the proposed cooperation, and the negotiations are currently at an impasse.
However, Reuters reported on the 12th that a spokesperson for Reliance Company denied any changes to its renewable energy plan, including the original plan for a battery super factory to start operating in 2026. The spokesperson said in an email: "The manufacturing of battery energy storage systems, battery packs, and battery cells have always been part of our energy storage plan, and it is progressing smoothly at present."
Bloomberg said that although the suspension of battery manufacturing will not immediately cause economic damage to Reliance Company, "it highlights the challenges faced by its ambitious green energy plan." The report said that if bilateral relations with Beijing cannot be improved, Indian companies that are expected to help India achieve carbon neutrality targets will find it difficult to make substantial progress.
Original: toutiao.com/article/7594610698169172516/
Statement: This article represents the views of the author himself.