Reliance Industries makes 370-cr bet on Li-ion rival

Reliance Industries, India’s largest private sector company, has announced a Rs 370 cr bet on a technology that aims to rival the dominant Li-ion technology for stationary and large-scale applications. The company has invested $50 mn in a US-based startup, Ambri, to in exchange for an unspecified stake in the company. Ambri, which started out […]