Amara Raja Batteries Limited, India’s industrial and automotive battery major, announced plans to invest in InoBat Auto (InoBat), a European technology developer and manufacturer of premium innovative batteries for E-mobility. The initial investment will give Amara Raja a key foothold in the thriving European EV ecosystem, where multiple battery gigafactories are being set up to…
Tag: Amara Raja Batteries Ltd.
Amara Raja Batteries to invest in new green technologies; announces executive changes
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•The Board of Amara Raja Batteries Ltd. (ARBL) has launched several strategic initiatives to take advantage of fast emerging new opportunities to accelerate growth and enhance stakeholder value. Driven by the transformative changes in its key markets and in keeping with its motto of ‘Gotta be a Better Way’, ARBL has announced ‘Energy and Mobility’…