Amara Raja, Ather Energy partner to develop advanced lithium-ion cells
Battery maker Amara Raja Advanced Cell Technologies and electric vehicle manufacturer Ather Energy have signed a Memorandum of Understanding (MoU) to develop and supply Nickel Manganese Cobalt (NMC) and Lithium Iron Phosphate (LFP) Lithium-Ion (Li-ion) cells along with other advanced chemistry cells. These cells will be produced at Amara Raja’s upcoming Gigafactory in Divitipally, Telangana.
Amara Raja recently agreed with Gotion-InoBat-Batteries (GIB) to localise global LFP technology for the Indian market. Additionally, the company has partnered with Jiangsu Highstar Battery Manufacturing Co. for NMC technology.
Amara Raja is investing Rs 95 billion to set up a 16 GWh capacity gigafactory in Telangana. The company is also establishing the ‘ePositive Energy Labs’ advanced research and innovation centre in Hyderabad to further its developments in the energy sector. Ather, which has two manufacturing facilities in Hosur, Tamil Nadu, and plans for a new plant in Maharashtra, is committed to designing and building products domestically.