Mumbai, April 15: Mobility agency Atul Auto’s subsidiary Atul Greentech has joined palms with battery maker Amara Raja for improvement and provide of electrical automobile batteries and chargers, a press release stated on Tuesday.
The collaboration goals to develop and provide LFP (Lithium Iron Phosphate) battery packs and chargers for electrical automobiles (EVs), it stated.
The partnership additionally extends to improvement of cells, together with superior chemistry cells for Atul Greentech’s upcoming choices in keeping with India’s imaginative and prescient of “Atma Nirbhar Bharat”, the assertion stated.
A tripartite memorandum of understanding (MoU) to this impact was signed between Amara Raja Superior Cell Applied sciences (ARACT), a wholly-owned subsidiary of Amara Raja Vitality & Mobility (ARE&M); Atul Greentech Non-public Restricted; and Amara Raja Energy Methods Restricted in Ahmedabad, it stated.
As a part of this settlement, the battery packs for Atul Greentech’s three-wheelers might be manufactured at Amara Raja’s Giga Hall in Divitipalli, Telangana, as per the assertion.
“Amara Raja and Atul Greentech have long-standing mutually helpful partnership. Along with Amara Raja we’re assured of advancing our profitable EV journey as India adapts to electrical mobility,” stated Vijay Kedia, Director at Atul Auto Restricted.
Amara Raja Group is “dedicated” to play the position of a catalyst in India’s vitality transition, stated Vijayanand Samudrala, President, New Vitality, Amara Raja Vitality and Mobility (ARE&M).
“We’re hopeful that this new settlement will additional improve the companions’ product portfolio,” he added.
