Amara Raja Advanced Cell Technologies (ARACT), wholly-owned subsidiary of Amara Raja Energy & Mobility (ARE&M) will sign a memorandum of understanding (MoU) with Ather Energy. As part of this agreement, Amara Raja will collaborate with Ather to develop and supply nickel manganese cobalt (NMC) and lithium iron phosphate (LFP), Lithium-ion and other advanced chemistry cells, produced locally at its upcoming gigafactory in Divitipally, Telangana.

Amara Raja recently entered into an agreement with Gotion-InoBat-Batteries (GIB) which will help to localise current global LFP technology for making lithium-ion cells suited to Indian conditions. The company also has an agreement with Jiangsu Highstar Battery Manufacturing for NMC technology. Amidst the clean and green energy, the automotive industry is witnessing a transition towards electric vehicles (EVs), particularly in the two-wheeler segment.

Ather Energy has two manufacturing facilities in Hosur, Tamil Nadu, with one dedicated to battery production and the other to vehicle assembly. It recently announced the setting up of another plant in Maharashtra. Amara Raja had announced an investment outlay of Rs 9,500 crore to establish the 16 Gwh capacity gigafactory. Besides, it will set up an advanced research and innovation centre called ‘ePositive Energy Labs’ in Hyderabad.