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Amara Raja Batteries to invest in lithium-ion batteries

Monday, 14 Jun 2021
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Amara Raja Batteries has decided to make investment in green technologies, including lithium-ion batteries, to capitalise on fast-evolving trends in the energy and mobility sectors.
 
The company's Board has decided to expand its lead-acid batteries business and set up a new Energy SBU encompassing lithium cell and battery pack, EV chargers, energy storage systems, advanced home energy solutions and related products and services.
 
After a careful review of global business opportunities, the company board has decided to future-proof its business by repositioning the firm as an energy and mobility player. 
 
The company has to invest in a portfolio of businesses to maintain its technological and business leadership.

 

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