Adani looking to join hands with BYD for local battery manufacturing – Electric Vehicles News

The Adani Group has been exploring an entry into India’s automotive industry for a long time now. The rumoured joint venture with BYD could just be the next big development.

The Adani Group is exploring a tie-up with Chinese EV giant BYD Co. that would allow billionaire Gautam Adani’s conglomerate to manufacture batteries in India and extend its push into clean energy.

According to Bloomberg, Adani is personally heading discussions with BYD executives, which took place as recently as last week. Amid delicate diplomatic relations between New Delhi and Beijing, any prospective partnership between the Adani Group and China’s BYD is expected to be signed through BYD’s subsidiaries in third countries rather than its Shenzhen headquarters, according to sources familiar with the matter who requested anonymity.

The discussions are driven by Adani’s ambition to begin large-scale production of lithium-ion cells for electric vehicles and, more crucially, for stationary energy storage systems—critical to supporting its expansive renewable energy operations. As India’s largest solar power producer, the Adani Group sees battery technology as a cornerstone of its clean energy strategy.

Why BYD Fits the Bill?

Chinese manufacturers currently lead the world in advanced and cost-effective battery technology, and Adani considers a technology-sharing agreement vital to achieving its clean energy goals. While talks are still in the early stages and may not materialize, BYD is seen as a natural partner. The Chinese giant is not only the world’s leading EV maker but also a global leader in rechargeable battery innovation.

However, such a partnership would test the political climate in both countries. India and China remain locked in a long-standing border dispute and are increasingly at odds over global supply chains and manufacturing. China has been limiting the export of technologies and critical components—such as rare earth magnets—to India and Southeast Asia since April. On the other hand, India has withheld visas for BYD’s executives, compelling meetings to be held in neighboring countries.

Adani’s Broader Outreach and Low-Key China Visit

The Adani Group is not limiting its options to BYD. It has also initiated conversations with other Chinese renewable energy firms, including Beijing Welion New Energy Technology Co., the sources said. Adani is reportedly aware of the political hurdles in securing approval for any Chinese partnership.

Although alternative suppliers in Europe and South Korea are available, none can currently compete with the cost-efficiency of Chinese firms. During a discreet trip to China in June, Adani met with companies such as Broad Group and Jinko Solar Co., as confirmed by social media activity and company announcements. However, some firms reportedly declined to meet the delegation, highlighting the sensitive political environment. There has been no response from Beijing Welion as of now.

Expanding Green Ambitions

Adani Green Energy Ltd., the group’s renewable arm, is already India’s largest green power producer with 15.8 GW of operational capacity—over 70% of which comes from solar. It aims to scale up to 50 GW by 2030. The group also operates India’s only ingot and wafer manufacturing facility, alongside 4 GW of solar cell and module capacity.

Looking ahead, the Adani Group plans to deepen its investments across the green energy value chain, including renewable power, green hydrogen, and energy storage. These initiatives are critical to Prime Minister Narendra Modi’s vision of a carbon-neutral India by 2070. Notably, Adani has also pledged to decarbonize its own operations—including coal power, ports, and airports—under this broader transition.

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This article was first uploaded on August four, twenty twenty-five, at fifteen minutes past one in the afternoon.

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