On Saturday, Amara Raja Advanced Cell Technologies (ARACT), a wholly-owned subsidiary of AERM signed an MoU with Piaggio Vehicles Private Limited to develop and supply LFP (Lithium Iron Phosphate) Lithium-Ion (Li-ion) cells and chargers for its electric vehicles along with developing cells and battery packs for their upcoming offerings.
Amara Raja scrips zooms 6.39%
