Amara Raja Batteries Ltd, an industrial and automotive battery major in India, has changed its name to Amara Raja Energy & Mobility Ltd around two years after it announced to direct its focus beyond batteries and address the larger energy and mobility space.
“This strategic change underscores company’s commitment to its new role as a comprehensive solutions provider in the energy and mobility sector,” stated the company.
Amara Raja Energy & Mobility presents a diverse portfolio of solutions and products, including automotive batteries, industrial batteries, battery energy storage solutions, lithium-ion cell manufacturing, wide range of EV chargers, li-ion battery pack assembly, renewable energy storage solutions, battery management systems, and lubricants.
The new approach will rest upon two core pillars of value maximisation of existing lead-acid battery business channel with allied products, and fostering the growth of the new energy business. Amara Raja Energy & Mobility will actively seek synergies and explore exciting opportunities between these two pillars.
The company’s arm, Amara Raja Advanced Cell Technologies, established in November 2022, houses it Li-ion initiatives. The company is setting up a 16 GWh factory for manufacturing cells and battery packs, and a state-of-the-art collaborative R&D facility called the E Positive Energy Labs.
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