Amara Raja Batteries Limited (ARBL) has capped off the journey with the official name change to Amara Raja Energy and Mobility Limited (ARE&M). This strategic change underscores the company’s commitment to its new role as a comprehensive solutions provider in the Energy & Mobility sector.
Amara Raja Energy and Mobility Limited (ARE&M) presents a diverse portfolio of solutions and products, including Automotive Batteries, Industrial Batteries, Battery Energy Storage Solutions, Lithium-Ion Cell Manufacturing, wide range of EV Chargers, Li-ion Battery Pack Assembly, Renewable Energy Storage Solutions, Battery Management Systems, and Lubricants.
The new approach will rest upon two core pillars: Value maximisation of existing Lead-Acid battery business channel with allied products and fostering the growth of the New Energy Business. ARE&M will actively seek synergies and explore exciting opportunities between these two pillars.
Vikramadithya Gourineni, executive director, New Energy Business, commented on this transformative shift, stating, "Our transition to Amara Raja Energy & Mobility is more than just a name change; it reflects our move away from being battery-only, and follows our consistent messaging in becoming a leading enterprise in integrated solutions in these spaces. “
Harshavardhana Gourineni, executive director, Automotive & Industrial, added, “In building our formidable battery business, we have established a robust distribution channel, brand equity, and the trust of our customers. We can confidently leverage these strategic assets to extend our presence into new application segments and categories, such as lubricants.”
Jayadev Galla, chairman & managing director, expressed his confidence in this new chapter, stating, "Over the past three years, we have made significant investments in our in-house R&D capabilities and have strategically partnered with companies at the forefront of new energy technologies. We firmly believe that our proven capabilities will enable us to lead the world into a cleaner, greener and better future."