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VERIFIEDMint Companies·neutral

Amara Raja bets on in-house battery tech, global talent after China deal stalls

AI Summary
  • ·Amara Raja announced a partnership with Gotion in June 2024 to license lithium iron phosphate (LFP) battery technology.
  • ·LFP and NMC are two cathode chemistries for lithium-ion batteries.
  • ·These batteries are used in electric vehicles (EVs) and storage systems.
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