Amara Raja Advanced Cell Technologies (ARACT) has inked a licensing agreement with GIB EnergyX Slovakia, for lithium-ion cells technology. As part of the agreement, GIB EnergyX, a subsidiary of Gotion High-Tech, will licence Gotion's 'LFP technology' for lithium-ion cells to ARACT.
This comprehensive agreement will enable Amara Raja to manufacture world-class LFP cells in both cylindrical and prismatic form factors. The scope of licensing provides access to cell technology IP, support in establishing gigafactory facilities conforming to the latest generation process technologies, integration with Gotion's global supply chain network for critical battery materials, and customer technical support for solution deployment.
The technology transfer and service support will fully complement Amara Raja’s efforts to operationalise its Gigafactory manufacturing capacities and its advanced research and innovation centre, ‘e+ Energy Labs’, which aims to lead India’s R&D capabilities in this field. ARACT is a wholly-owned arm of Amara Raja Energy & Mobility (ARE&M).
Last year, Amara Raja announced an investment outlay of Rs 9,500 crore to establish the Amara Raja Giga corridor in Telangana. The company aims to keep their products competitive and contemporary through access to continuous improvements in cell performance and process efficiencies through the partnership period.
Gotion High-Tech has eight global R&D centers, 8,000 patented technologies across the battery industry value chain, and a capacity layout expected to reach 300GWh by 2025.