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Key Points

The Adani Group has firmly denied reports of potential collaborations with Chinese firms BYD and Beijing Welion. A spokesperson called the Bloomberg article "baseless and misleading," clarifying no discussions took place. The report had suggested partnerships for battery production in India. Adani emphasized no such clean energy tie-ups are being explored.

Key Points: Adani Denies Battery Tie-Up Reports With Chinese Firms BYD Welion

  • Adani rejects Bloomberg report on Chinese battery partnerships
  • Denies discussions with BYD for India manufacturing
  • No talks held with Beijing Welion either
  • Report claimed unnamed sources suggested potential clean energy tie-ups
1 min read

Adani Group denies reports suggesting tie-up with Chinese companies BYD, Beijing Welion for battery manufacturing

Adani Group refutes claims of collaboration with China's BYD and Beijing Welion for battery manufacturing, calling reports "baseless and misleading."

"We categorically deny Bloomberg's report... This report is baseless, inaccurate and misleading – Adani Group Spokesperson"

Ahmedabad, August 4

The Adani Group on Monday categorically denied a media report, which had suggested a potential tie-up between the Group and Chinese companies BYD and Beijing Welion New Energy Technology for battery manufacturing in India.

"We categorically deny Bloomberg's report on 4 Aug 2025 suggesting a tie-up between the Adani Group and Chinese companies BYD and Beijing Welion New Energy Technology. This report is baseless, inaccurate and misleading," an Adani Group spokesperson said in a statement.

The statement added that the Adani Group is not exploring any form of collaboration with BYD for battery manufacturing in India.

Similarly, it categorically noted that they were not engaged in any discussions with Beijing Welion New Energy Technology for a partnership of any kind.

According to the report, which had cited unnamed sources, the Adani Group was exploring a tie-up with Chinese EV giant BYD Co, among others, including Welion New Energy Technology Co, which it claimed would allow the conglomerate to manufacture batteries in India and extend its push into clean energy.

- ANI

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Reader Comments

P
Priya S
I'm confused - first there are reports of tie-up, then denial. Why can't business news be more reliable these days? 🤔
A
Aman W
Whether true or not, India needs to be careful with Chinese partnerships in strategic sectors like battery manufacturing. Data security is important!
S
Sarah B
As an expat living in India, I find this interesting. The battery tech sector is crucial for EV growth. Hope Indian companies can develop indigenous solutions quickly.
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Karthik V
Bloomberg should verify facts before publishing. Such reports create unnecessary confusion in the market. Responsible journalism please!
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Nisha Z
Adani Group should consider collaborating with Indian startups working on battery tech instead. Many young companies are doing great work in this space!

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