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Amara Raja Invests €20 Million in InoBat, Ups Stake by 4.5%

This brings Amara Raja's total holding in InoBat to 9.32%

June 21, 2024

/ Namratha A Rai
/ Electric Vehicles, Energy Storage
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Battery manufacturer Amara Raja Energy & Mobility has invested an additional €20 million (~$21.4 million) in electric vehicle (EV) battery firm InoBat, Norway, for a 4.5% equity stake.

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Namratha A Rai

More articles from Namratha A Rai.
Amara Raja Energy & MobilitybatteriesElectric VehiclesInoBatinvestment
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