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Reuters: World

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PostedOct 510/05/2023, 06:01 AM
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India's Reliance unveils swappable, multipurpose batteries for EVs Indian oil refining giant 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. The idea is that a person can use one battery for mobility as well as for powering appliances at home, company executives at the event said, requesting not to be quoted as they are not authorized to speak with media. read more