Indian manufacturer shelves lithium battery plans over China curbs – Bloomberg

Beijing is reportedly hesitant to transfer technology to Reliance Industries

India’s Reliance Industries has halted plans to manufacture lithium-ion battery cells after it failed to secure technology from a proposed Chinese partner, Bloomberg reported on Monday.

Chinese lithium iron phosphate supplier Xiamen Hithium Energy Storage Technology Co., which was in talks with Reliance to license the required technology, has withdrawn from the plan...