Anil Ambani’s Reliance Infrastructure is set to make a significant move into the electric car and battery manufacturing industry. The company has formulated a plan to venture into this sector as part of its diversification strategy.
- New Strategic Appointment: To ensure a strong entry into the electric car sector, Reliance Infrastructure has appointed Gopal Gopalan, the former Managing Director of BYD India, as an advisor. Gopalan brings significant expertise from his experience with BYD, a leading global electric vehicle (EV) manufacturer.
- Expansion in EV Manufacturing: According to sources, Reliance Infrastructure has made significant preparations to establish an Electric Vehicle (EV) manufacturing division. The company’s initial plans include an annual production capacity of 2.5 lakh electric vehicles, a major step toward becoming a key player in the Indian EV market.
- Investment and Expertise: Reliance Infrastructure aims to leverage Gopalan’s experience in scaling operations and optimizing manufacturing processes in the EV sector. The company’s new venture will also focus on producing electric vehicle batteries, further enhancing their role in the rapidly growing EV industry.
This move marks Anil Ambani’s Reliance Group’s entry into a highly competitive and emerging market in India, with a focus on leveraging advanced manufacturing capabilities and sustainable mobility solutions.
This step is crucial for Reliance Infrastructure, as it looks to diversify its portfolio and make a strong entry into the electric vehicle market, which is expected to see significant growth in the coming years.
Something went wrong. Please refresh the page and/or try again.
