Adani Enterprises on Monday clarified that it is not exploring any collaboration with Chinese company BYD for battery manufacturing in India.

The company categorically denied Bloomberg’s report suggesting Adani Group’s tie-up with Chinese companies BYD and Beijing Welion New Energy Technology calling it “baseless, inaccurate and misleading.”

“We categorically deny Bloomberg’s report on 4th August 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,” Adani Enterprises clarified.

“The Adani Group is not exploring any form of collaboration with BYD for battery manufacturing in India. Similarly, we are not engaged in any discussions with Beijing Welion New Energy Technology for a partnership of any kind,” the company said.