Amara Raja gears up for battery-driven car markets

Published on Tue, May 27, 2008 at 08:37 |  Source : Business Line

Updated at Tue, May 27, 2008 at 08:58  

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Chennai, May 26:

Amara Raja Batteries Ltd is gearing up for an era of battery-powered cars in India. The company is talking to "a few Indian passenger car manufacturers" to develop batteries for them, the company's Managing Director, Mr Jay Galla, told Business Line on Monday.

True, the market for battery-driven cars is practically non-existent in India, but that will change. Vehicle manufacturers will come up with hybrid versions and those cars will need batteries.

For ARBL, the task on hand is not so much the technology for batteries as the use of the technology for developing an appropriate product for the Original Equipment Manufacturers. ARBL's American collaborator, Johnson Controls, has the technology for Lithium Ion batteries, through a joint venture with the French battery producer, Saft.

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