Hyundai Motor India Partners with Amara Raja for AGM Battery Technology

Hyundai Motor India news today

Hyundai Motor India has announced plans to equip its domestic product line-up with Amaron’s indigenously developed AGM (Absorbent Glass Mat) battery technology. The batteries, manufactured by Amara Raja Energy & Mobility, will be used as SLI (Starting, Lighting, and Ignition) batteries and are scheduled for rollout in Q4 of FY25. This makes Hyundai the first Indian automaker to integrate localised AGM technology into its vehicles, aligning with its focus on localisation and innovative solutions for Indian customers.

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Key Takeaways

• AGM battery technology: Advanced, locally made, and highly efficient.

• Launch timeline: Q4 FY25 for Hyundai’s domestic product line-up.

• Strategic goal: Boost localisation and introduce innovative technologies.

• Impact on market: Hyundai Motor India share price poised for long-term benefits.

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Benefits Of AGM Battery Technology

AGM batteries are more advanced than conventional lead-acid batteries, offering better performance, longer lifespan, and improved reliability. They are ideal for vehicles with high electrical loads and ensure efficient power delivery under challenging conditions.

AGM Battery Technology At A Glance

Hyundai’s Localisation Push

This partnership reflects Hyundai’s commitment to local sourcing and innovation. The collaboration with Amara Raja strengthens the supply chain, reduces dependency on imports, and enhances the availability of cutting-edge technologies for Indian consumers.

Market Performance

The announcement had a neutral short-term impact on Hyundai Motor India share price. However, the strategic move is expected to positively influence its long-term stock performance by aligning with India’s localisation goals and increasing operational efficiency.

The adoption of Amaron’s AGM battery technology is a critical step in Hyundai Motor India’s localisation strategy, marking its leadership in introducing advanced and sustainable automotive solutions for Indian customers.

Also read: Hyundai Motor India Partners with Exide for Locally Made EV Battery Cells

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