Amara Raja Advanced Cell Technologies Pvt Ltd (ARACT), a subsidiary of Amara Raja Energy & Mobility Ltd (ARE&M), has entered into a significant technical licensing agreement with GIB EnergyX Slovakia s.r.o., a subsidiary of Gotion High-Tech Co Ltd. This collaboration marks a major step forward for Amara Raja, one of Indiaโs leading battery manufacturers, as it aligns with global leaders in lithium-ion technology.
The agreement facilitates ARACTโs adoption of Gotionโs state-of-the-art lithium iron phosphate (LFP) technology for manufacturing lithium-ion cells. This includes both cylindrical and prismatic cell formats. The comprehensive deal provides Amara Raja access to Gotionโs extensive intellectual property on cell technology, assistance in setting up Gigafactory facilities using the latest process technologies, integration into Gotionโs global supply chain for critical materials, and technical support for deploying solutions to customers.
This partnership is a strategic move to support Amara Rajaโs ambitions to operationalise its Gigafactory manufacturing capabilities and bolster its advanced research and innovation center, โePositive Energy Labs.โ This center is envisioned to spearhead Indiaโs research and development in the battery sector. The initiative follows last yearโs announcement by Amara Raja to invest Rs 9,500 crores in establishing the Amara Raja Giga Corridor in Telangana. Through continuous enhancements in cell performance and manufacturing efficiency, Amara Raja aims to maintain its competitive edge in the market.
Both Amara Raja and Gotion are shareholders and board members of InoBat, an innovative lithium battery technology company in Slovakia, focusing on advanced applications like electric aviation and developing a comprehensive โCradle to Cradleโ battery value chain ecosystem. Recently, GIBโa joint venture between Gotion High-tech and InoBatโsigned an investment agreement with the Slovakian government to develop the countryโs first LFP battery Gigafactory.
Gotion High-Tech is renowned for its extensive research and development capabilities, with 8 global R&D centers and 8,000 patented technologies covering the entire battery industry value chain. The company operates 20 major manufacturing locations worldwide and aims to achieve a production capacity of 300GWh by 2025.
โWe are thrilled to announce our deepening partnership with Gotion and InoBat,โ said Vikramadithya Gourineni, Executive Director of ARE&M. โThis collaboration strengthens our technology and supply security, and we are confident that it will accelerate our efforts in establishing the Amara Raja Giga Corridor. Gotionโs expertise and reputation lend significant credibility to our venture.โ
Jayadev Galla, Chairman and Managing Director of ARE&M, emphasised the strategic importance of this partnership in the context of Amara Rajaโs new vision, dubbed Amara Raja 3.0. โIndia is poised to be one of the fastest-growing EV markets. Gotionโs globally proven technology, combined with our three decades of experience in the energy and mobility sector, positions us well to lead in this transition. Our customers trust us to deliver top-notch solutions, and this partnership will help us continue to meet their evolving needs.โ
Steven Cai, Chairman of GIB EnergyX and Director of Gotion High-Tech Co, expressed optimism about the collaboration. โIndia is an exciting market with immense growth potential. We appreciate Amara Rajaโs strong market presence and customer relationships in the energy storage sector. Our partnership will bring innovative LFP technology to Indian customers, aiding their energy transition journey.โ