Reliance India Buy Faradion Sodium Battery, 1000 Crore, Latest News

Reliance India Buy Faradion Sodium Battery, Reliance Investment in Faradion Sodium Ion Battery, Reliance Sodium Ion Battery Factory in India, Reliance India Power Storage Giga Factory Latest News.

Demand of Lithium Ion Battery in India and world day by day is increasing. And many country like Norway, Poland, France, Germany, USA, UK has promised to not use Natural Fuel in large manner in daily vehicles like Car, Bike, Bus and Commercial Vehicle. Here you will get knowledge on Future of Sodium Ion Battery Vs Lithium Ion Battery.

Sodium Ion Battery in Electric Vehicles: If we compare Sodium with Lithium than Sodium is not a precious metal in Earth. Sodium availability in earth crust is 300 times as compare to Lithium. Sodium is the 6th most common element on Earth, and makes up 2.6% of the Earth's crust. Where as Sodium is the 33 most abundant element on Earth, and makes up at 0.002–0.006 wt% of the Earth's crust.

Sodium Ion Battery Companies: Below are the list of top Sodium Ion Manufacturers. 

1.Faradion: United Kingdom. 

2.AGM Batteries: Scotland. 

3.NGK Insulators: Japan. 

4.HiNa Battery Technology Co. Ltd: Zhongguancun, Liyang 

5.TIAMAT Energy: France. 

6.Natron Energy Inc: California, USA. 

7.Altris: Uppsala is a city near Stockholm, in Sweden 8.Reliance Energy: Gujarat, India.

Reliance India Invested 10 Crore Pound in Faradion Limited Company of United Kingdom. Faradion is the world leader in non-aqueous sodium-ion cell technology that provides cheaper, cleaner energy.

About Faradion Company Limited 

1.Faradion is a leading global sodium-ion battery technology company. 

2.Dr Chris Wright, Chairman and Co-Founder of Faradion. 

3.James Quinn, CEO of Faradion. 

4.Reliance will acquire 100% shareholding in Faradion for an enterprise value of £100 million. 

5. Dr Chris Wright, Jerry Barker, Ashwin Kumaraswamy founded Faradion in 2010 to develop sodium-ion technology.

British Battery maker company Faradion will acquired by Mukesh Ambani chairman of Reliance Industries. Total 88.92 Equity Share purchased by Reliance India at price of 83.97 pound.

Reliance will use Faradion’s state-of-the-art technology at its proposed fully integrated energy storage giga-factory as part of the Dhirubhai Ambani Green Energy Giga Complex project at Jamnagar in Gujarat, India.

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