Amara Raja Batteries joins CBI

Amara Raja Batteries joins CBI

Amara Raja Batteries joins CBI 919 396 Batteries International

May 20, 2022: India’s Amara Raja Batteries has become the latest member of the Consortium for Battery Innovation.

The Andhra Pradesh battery maker has been involved in the development and production of advanced lead battery technologies since it was established in 1985.

In June 2020, Amara Raja said it had entered into a formal technology evaluation agreement with Gridtential Energy to assemble and test Gridtential’s silicon joule bipolar reference batteries.

The company announced in February 2021 it was expanding its business by starting work on developing lithium ion cells.

However, the battery maker said it believed the lead acid business would continue to grow in India owing to “buoyant demand from automotive, industrial, telecom and new emerging segments like data centres”.

‘Drive innovation’

Working in both the automotive and industrial sectors, Amara Raja is a leading supplier for industries including OEMs, UPS and solar energy storage in India as well as countries in the Indian Ocean rim.

CBI director Alistair Davidson said: “This regional market is extremely important for lead batteries, particularly in energy storage, and we’re looking forward to working with them to really drive innovation in the technology.”

The CBI said demand is on the rise for batteries in India and forecast to grow to 260GWh annually by 2030.

Amara Raja executive director Harshavardhana Gourineni said: “This relationship will provide us with space for new generation energy storage and global corporate expansions.”