Amara Raja Batteries, one of the largest lead acid battery manufacturers, is eyeing a bigger play in the energy and mobility business as it seeks to ride the opportunity electric vehicles, advanced home energy solutions and other allied products and services, will open in the coming years.
It has charted a strategy of “future-proofing” the business and repositioned itself as an “Energy and Mobility” player. This will include expanding the core lead acid batteries business and establishing a New Energy SBU (strategic business unit) that will encompass lithium cell and battery pack, electric vehicle (EV) chargers, energy storage systems, advanced home energy solutions and related products and services.
