Amara Raja Energy & Mobility’s (ARE&M) wholly owned subsidiary -- Amara Raja Advanced Cell Technologies (ARACT) has inaugurated Customer Qualification Plant (CQP) for cell manufacturing at Divitipally, Mahabubnagar district.
Phase 1 of the battery pack plant was inaugurated with a current capacity of 1.5 GWh. The plant makes Li-ion battery packs specifically suited for Indian conditions and will be supplying to major EV OEMs along with being used for stationery energy storage requirements. The CQP, which is all set to be operational by Q1 of the next financial year, can produce various cell types for customer testing and validation. The project recently received a fillip after ARE&M’s collaboration with Gotion Inobat (GIB) for technology, manufacturing and customized solutions.
The Giga Corridor which is spread across 260 acres of land will entail an investment of Rs 9,500 crore till 2031 and will include the advanced cell manufacturing Gigafactory along with battery pack facility. In addition, the company is also building a first-of-its kind advanced energy research and innovation center in Hyderabad, dubbed the ePositive Energy Labs.
Amara Raja Energy & Mobility (ARE&M) is the flagship company of the group and is engaged in manufacturing of industrial and automotive batteries. The company was first to introduce Valve Regulated Lead Acid (VRLA) batteries with three-year warranty in industrial and automotive applications.
| Company Name | CMP |
|---|---|
| Exide Inds | 330.05 |
| Amara Raja Energy | 778.45 |
| HBL Engineering | 786.60 |
| Eveready Inds. India | 302.45 |
| Indo-National | 326.15 |
| View more.. | |
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