Amara Raja to invest in lithium-ion batteries, expand current biz verticals SECTIONS Last Updated: Jun 14, 2021, 01:14 PM IST Share Synopsis Amara Raja is one of the largest manufacturers of lead acid batteries for both industrial and automotive applications in the country. It produces automotive batteries under the brands Amaron and Powerzone and supplies to various original equipment manufacturers (OEMs) like Ashok Leyland, Ford India, Honda, Hyundai, Mahindra & Mahindra, Maruti Suzuki, and Tata Motors. Agencies The company's board has also appointed S Vijayanand as President - New Energy (business vertical). Amara Raja Batteries on Monday said it has decided to invest in green technologies, including in lithium-ion batteries, to capitalise on fast-evolving trends in the energy and mobility sectors. The company's board has decided to expand its lead-acid batteries business and set up a new 'Energy SBU' encompassing lithium cell and battery pack, EV chargers, energy storage systems, advanced home energy solutions and related products and services, the company said in a statement.