Amara Raja Advanced Cell Technologies (ARACT), a subsidiary of Amara Raja Energy & Mobility (ARE&M), has signed a technical licensing agreement with GIB EnergyX Slovakia s.r.o., a subsidiary of Gotion High-Tech Co Ltd. The agreement allows ARACT to license Gotion’s world-class LFP technology for lithium-ion cells.
The licensing scope includes access to cell technology IP, support in establishing Gigafactory facilities with the latest process technologies, integration with Gotion’s global supply chain for critical battery materials, and customer technical support for solution deployment.
The technology transfer and service support will enhance Amara Raja’s efforts to operationalise its Gigafactory manufacturing capacities and its advanced research center, ‘ePositive Energy Labs,’ which aims to lead India’s R&D capabilities in this field. Last year, Amara Raja announced a INR 9,500 crore investment to establish the Amara Raja Giga Corridor in Telangana. The company aims to keep its products competitive through continuous improvements in cell performance and process efficiencies.
Both Amara Raja and Gotion are shareholders and board members of InoBat, a lithium battery technology company in Slovakia, focusing on advanced applications such as electric aviation. GIB, a joint venture between Gotion High-Tech and InoBat, recently signed an investment agreement with the Slovakian government to develop the first LFP battery Gigafactory in the country.
Gotion High-Tech boasts eight global R&D centers, 8,000 patented technologies, 20 major manufacturing locations worldwide, and a capacity layout expected to reach 300 GWh by 2025.
Vikramadithya Gourineni, Executive Director of ARE&M, said, “We have invested significant effort over the past few years to understand the global new energy landscape and decided to be part of the evolving lithium battery ecosystem through our investment in InoBat. Collaborating with GIB through their ‘Global C2C Alliance’ reinforces our technology and supply security, accelerating our efforts to establish the Amara Raja Giga Corridor.”
Jayadev Galla, Chairman & Managing Director of ARE&M, added, “Our investments in the new energy space mark the beginning of Amara Raja 3.0. We believe India will be one of the fastest-growing EV markets, and Gotion’s proven technology combined with our expertise will be a winning combination. We have cultivated deep relationships with customers across all battery applications who trust Amara Raja to deliver best-in-class solutions.”
Steven Cai, Chairman of GIB EnergyX and Director of Gotion High-Tech Co, commented, “India is an exciting market with significant growth potential. Our partnership will offer innovative solutions across the New Energy value chain, significantly benefiting Indian customers in their energy transition journey.”
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