Ather Energy has entered into a strategic agreement with Amara Raja Advanced Cell Technologies (ARACT), a subsidiary of Amara Raja Energy & Mobility (ARE&M). The collaboration signifies a crucial step in Ather Energy's commitment to advancing homegrown cell technology.
Tarun Mehta, Co-founder & CEO of Ather Energy, stated “Our focus has always been on designing and building products from scratch in India, with most of our components, aside from cells, sourced domestically. Now, we're taking a significant step forward by promoting homegrown cell technology. This will help us optimise costs and enable us to source lithium-ion cells tailored to Ather's specific requirements, further enhancing our ability to innovate and scale efficiently. Our aim is to help the domestic industry grow significantly to support India’s energy demand now and in the coming future.”
Ather Energy has been a leader in designing and building its battery packs in-house. Currently, the company operates two manufacturing facilities in Hosur, Tamil Nadu, with one dedicated to battery production and the other to vehicle assembly. To further expand its reach, Ather recently announced plans to open a third facility in Maharashtra, enhancing its market presence across the country.
Amara Raja has announced a substantial investment of INR 9,500 crore to establish a 16GWh capacity gigafactory in Telangana. Additionally, Amara Raja is set to bolster India's R&D capabilities with the establishment of a state-of-the-art advanced research and innovation centre called ‘ePositive Energy Labs’ in Hyderabad.
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