Atul Greentech and Amara Raja form EV battery alliance

India’s Atul Greentech Private Limited (AGPL), a subsidiary of Atul Auto Limited, and Amara Raja Group have announced a strategic partnership agreement for collaboration in the development and supply of LFP (Lithium Iron Phosphate) battery packs and chargers for electric vehicles (EVs). The collaboration will extend to the development of cells, including advanced chemistry cells for Atul Greentech’s upcoming offerings. The tripartite Memorandum of Understanding (MoU) was signed between Amara Raja Advanced Cell Technologies (ARACT), a wholly owned subsidiary of Amara Raja Energy & Mobility (ARE&M), Atul Greentech Private Limited, and Amara Raja Power Systems Limited.

As part of this agreement, the battery packs for Atul Greentech’s three-wheelers will be manufactured at Amara Raja’s Giga Corridor at Divitipalli in the southern Indian state of Telangana. ARE&M offers a diverse range of solutions and products, which includes energy storage solutions, lithium-ion cell manufacturing, EV chargers, li-ion battery pack assembly, and automotive and industrial lubricants..