June 16, 2022: India’s Amara Raja Batteries has pledged on May 20 to “fast track” its development of a customer qualification plant for lithium cells while also building on its lead battery foundations.
CEO and MD Jayadev Galla (pictured) said in a regulatory filing about the company’s activities to the National Stock Exchange of India: “We are steadfast in our long-term strategy of energy and mobility leadership, and are building upon our strength to expand our global footprint for the lead acid battery business, while at the same time making good progress in the viable new energy technologies space.”
Executive director of the Andhra Pradesh battery maker’s lead acid business, Harshavardhana Gourineni, said the company had successfully overcome temporary hurdles in the supply chain in the past year and is now “well set to make the most of new opportunities”.
Meanwhile, the executive director of the firm’s new energy business, Vikramadithya Gourineni, said: “After making a series of strategic investments to accelerate the development of cell chemistry and pack solutions, we are fast-tracking the establishment of a greenfield customer qualification plant for the manufacturing of lithium cells.”
Amara Raja has been involved in the development and production of improving lead battery technologies since it was established in 1985.
The company announced in February 2021 that it would begin work on developing lithium ion cells.
In August last year, Jayadev Galla took over Amara Raja from his father, Ramachandra Galla, who stepped down after 36 years.
Batteries International reported last month that Amara Raja had become the latest member of the Consortium for Battery Innovation.