Waaree Technologies Ltd. (WTL), a division of the Waaree Group, has signed a Memorandum of Understanding (MoU) with Israeli company 3DBattery to develop and produce advanced energy storage solutions. The collaboration will leverage 3DBattery’s lithium-ion and sodium-ion battery technology to create high-performance, rechargeable energy storage solutions.
3DBattery specializes in developing advanced lithium-ion battery cells with state-of-the-art chemistry, offering enhanced energy storage capabilities. The company’s battery solutions are suitable for a wide range of applications, including electric vehicles, micro mobility, stationary applications, and renewable energy.
Waaree Technologies Ltd. aims to become India’s leading “Cell to System” technology company, providing reliable, affordable, and high-quality energy storage solutions. The partnership with 3DBattery will strengthen Waaree’s position in the Indian and global energy storage market.
Through this collaboration, Waaree Technologies Ltd. will gain the capability to indigenously manufacture high-performance, rechargeable energy storage solutions. This will significantly contribute to India’s efforts to diversify its energy supply chains and reduce reliance on imported energy sources.
The partnership between Waaree Technologies Ltd. and 3DBattery is a significant step forward in the development of advanced energy storage solutions for India and the world. The companies’ combined expertise will help to accelerate the transition to a cleaner and more sustainable energy future.