Amara Raja partners with Ather Energy to develop advanced EV battery packs at a new gigafactory, driving India’s EV innovation.
Amara Raja Energy & Mobility (AREM) has its wholly owned subsidiary Amara Raja Advanced Cell Technologies (ARACT) , which has struck a strategic partnership with electric vehicle manufacturer Ather Energy. The partnership plans to build different kinds of two-wheeler EV battery packs at ARACT’s new gigafactory in Divitipally, Telangana to be furnished to Ather.
Collaboration Details
ARAT will also participate in the manufacturing and supplying of NMC (nickel manganese cobalt), LFP (lithium iron phosphate), Li-ion (Lithium-ion), and other different superior generation cells to Ather as per the provision of the MOU in the new production facility. It also supports the idea of a common interest in the improvement of electric vehicles innovation and addressing the needs of the Indian market.
Statements from Leaders
During the interview Tarun Mehta, Co-founder and CEO of Ather Energy noted that supporting domestic cell technology will eliminate high costs more adeptly and source lithium-ion cells suitable to Ather Energy. This will improve Ather’s position to improve its innovation and scaling as a business much more. The AREM Executive Director Vikramaditya Gourineni said this collaboration would develop solutions for the markets.
Technological Advancements
Amara Raja has also entered into an understanding regarding the localisation of the Gition current global LFP technology to create Lithium-Ion cells appropriate to the climatic conditions of India with Gotion – InoBat – Batteries (GIB). Also, it signed an NMC technology accord with Jiangsu Highstar Battery Manufacturing Co. These collaborations illustrate how Amara Raja has adopted a focused and systematic policy of procuring and incorporating improved battery technologies, while redesigning them based on local needs.
Amara Raja and Ather have big plans for the Indian market given that they forecast that Indian two-wheeler EV market penetration will reach 40% by 2030. Currently the company Ather Energy has two production facilities located in Hosur, Tamil Nadu and has plans for its third manufacturing facility at Maharashtra. On the other hand, Amara Raja is planning to pump Rs 9,500 crore to set up a 16GWh scale or a Gigafactory in Divitipally and another new research and innovation center, dubbed as ‘ePositive Energy Labs’ near Hyderabad international airport.
Also Read
Cloud EV Rebranded as MG Windsor for Indian Market, Priced Under ₹20 Lakh
About The Author
