Amara Raja Batteries Invest in InoBat

On Wednesday, Amara Raja Batteries announced their investment in InoBat Auto. InoBat is a technology developed based in Europe that manufactures premium batteries.

This will allow Amara Raja to gain a strong foothold in the electric vehicles' ecosystem of Europe. The region has seen an increased demand for EVs in light of the ongoing climate change awareness programs. The demand has led to the operation of several gigafactories b....