Faradion
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What Does Faradion’s Acquisition by Reliance Mean for the Indian EV Market? Sodium based batteries utilizes manganese and iron, which are much cost-effective and accessible compared to Lithium-ion ones A couple of days back, Indian business tycoon Reliance acquired a UK based start-up Faradion with an investment of $135 million. An additional sum of $35 million will be invested by the Indian business giant to boost the… |
