Energy storage startup Matter partners ARAI for next gen mobility solutions

Energy storage start-up Matter on Monday said it has entered into an agreement with Automotive Research Association of India (ARAI) for collaboration in next-generation mobility solutions.

The two parties have signed a memorandum of understanding (MoU) under which they will collaborate in next-generation mobility solutions in the areas of functional safety, electronics reliability and cyber security, the company said in a statement.

Commenting on the collaboration, Matter Founder and CEO Mohal Rajiv Lalbhai said,”We are extremely confident the association with ARAI, which is the leading automotive R&D organisation in India, coupled with Matter’s technology development capabilities will widen the horizons of growth for EV’s and energy storage solutions in India.”