Ahmedabad, Aug 4
The Adani Group on Monday vehemently denied a media report claiming the Group’s collaboration with Chinese companies BYD and Beijing Welion New Energy Technology.
In a statement, an Adani Group spokesperson said the Bloomberg report is “baseless” and “misleading”.
“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,” the spokesperson added.
The media report, citing sources, earlier claimed that the Adani Group is “exploring a tie-up with Chinese EV giant BYD Co” to manufacture batteries in India and extend its push into clean energy.
“This report is baseless, inaccurate and misleading. The Adani Group is not exploring any form of collaboration with BYD for battery manufacturing in India,” the Group spokesperson further stated.
The company said they are “not engaged in any discussions with Beijing Welion New Energy Technology for a partnership of any kind”.