Amara Raja to license LFP cell technology from Gotion-InoBat-Batteries

Amara Raja Advanced Cell Technologies Pvt. Ltd (ARACT), a wholly owned subsidiary of Amara Raja Energy & Mobility Ltd (ARE&M), an Indian battery manufacturer, has signed a technical licensing agreement with GIB EnergyX Slovakia s.r.o., a subsidiary of Gotion High-Tech Co Ltd. GIB EnergyX will license Gotion’s LFP technology for lithium-ion cells to ARACT.

The agreement allows Amara Raja to manufacture LFP cells in both cylindrical and prismatic form factors. The licensing includes access to cell technology IP, support in establishing Gigafactory facilities, integration with Gotion’s supply chain for battery materials, and customer technical support. This collaboration aims to support Amara Raja’s efforts to operationalize its Gigafactory manufacturing capacities and its advanced research and innovation centre, ‘e+ Energy Labs’. Last year, Amara Raja announced an investment of INR 9,500 crores to establish the Amara Raja Giga Corridor in Telangana. The company aims to maintain competitive and contemporary products through continuous improvements in cell performance and process efficiencies.

Amara Raja and Gotion are shareholders and board members of InoBat, a lithium battery technology company in Slovakia, focusing on applications such as electric aviation and developing a battery value chain ecosystem. GIB, a joint venture between Gotion High-tech and InoBat, has signed an investment agreement with the Slovakian government for the development of the first LFP battery Gigafactory in Slovakia. Gotion High-Tech has 8 global R&D centers, 8,000 patented technologies covering the battery industry value chain, 20 major manufacturing locations, and a capacity layout expected to reach 300GWh by 2025, as stated in the company statement.

Vikramadithya Gourineni, Executive Director, ARE&M added, “We are very excited to announce our deepening partnership with Gotion and InoBat. We have invested a lot of time and effort over the past few years to understand the global new energy landscape and made a calculated decision to be a part of the evolving lithium battery ecosystem through our investment in InoBat. Further collaborating with GIB through their ‘Global C2C Alliance’ brings us great confidence in reinforcing our technology and supply security. We are sure that this partnership will help us accelerate our efforts in establishing the Amara Raja Giga Corridor while Gotion’s acumen lends significant customer credibility to our venture.”

Jayadev Galla, Chairman & Managing Director, ARE&M added, “Last year’s announcements on our investments in the new energy space are part of ushering in a new era we are calling Amara Raja 3.0. We firmly believe that India will be one of the fastest growing EV markets, and that Gotion’s globally proven technology coupled with our three decades of expertise in the energy and mobility space will be a winning combination. During our history we have cultivated deep relationships with customers across all automotive and industrial battery applications who trust in Amara Raja to continually deliver best-in-class solutions for all their needs. In Amara Raja 3.0, we will once again aid our customers as they navigate their own roles in the energy transition.”

Steven Cai, Chairman, GIB EnergyX and Director, Gotion HighTech Co commented, “India is an exciting market with significant growth potential, and we deeply appreciate Amara Raja’s corporate values, success in Indian market with energy storage products and the strong customer relationships they have built over the years. Gotion has built strong competitive position with its product technology and Gigafactory manufacturing expertise over the years and continues to offer innovative solutions across the New Energy value chain. We are pleased with the partnership with Amara Raja to offer our LFP technology which should significantly benefit Indian customers in their energy transition journey.”

Also read: Amara Raja Batteries’ plans for lithium-ion cell manufacturing