Amara Raja Powers Up Ather Energy with Homegrown Batteries

Amara Raja Advanced Cell Technologies (ARACT), a subsidiary of Amara Raja Energy & Mobility (ARE&M), is poised to make a significant impact in the electric vehicle sector. The company is set to sign a memorandum of understanding (MoU) with Ather Energy, marking a strategic partnership aimed at advancing battery technology. This collaboration will see Amara Raja develop and supply cutting-edge nickel manganese cobalt (NMC) and lithium iron phosphate (LFP) batteries, along with other advanced chemistry cells, produced locally at its forthcoming gigafactory in Divitipally, Telangana.

The deal follows Amara Raja's recent agreement with Gotion-InoBat-Batteries (GIB), focusing on localizing global LFP technology to cater to Indian conditions. Additionally, the company has secured an agreement with Jiangsu Highstar Battery Manufacturing for NMC technology. These partnerships are part of Amara Raja's broader strategy to support the transition towards electric vehicles (EVs), a trend gaining momentum, particularly in the two-wheeler segment.

Ather Energy, known for its dual manufacturing facilities in Hosur, Tamil Nadu—one for battery production and the other for vehicle assembly—recently announced plans for a new plant in Maharashtra. In response, Amara Raja has unveiled a substantial investment of Rs 9,500 crore to establish a 16 GWh capacity gigafactory and an advanced research and innovation centre, ‘ePositive Energy Labs,’ in Hyderabad.

This collaboration between Amara Raja and Ather Energy represents a pivotal step towards enhancing the local EV ecosystem, aligning with the industry's shift towards sustainable energy solutions and boosting technological advancements in the sector.

News by Rahul Yelligetti