Reliance New Energy Limited, a wholly owned subsidiary of Reliance Industries Limited, has acquired all of the assets of Lithium Werks BV, the company has said. “The assets include the entire patent portfolio of Lithium Werks, manufacturing facility in China, key business contracts and hiring of existing employees as a going concern,” RIL said in a press release on Monday. …
Electric car technology has improved massively over the years and the widespread acceptance of electric vehicles as the future of transportation is an indication towards the belief in this technology – by consumers, automakers and investors alike. And as per a report by WSJ, this has been happening due to investors getting excited over BYD’s new “blade battery”. This LFP …
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