Waaree Technologies Partners with 3DBattery for Energy Storage

New Delhi, Nov 29 (PTI) Waaree Technologies on Wednesday said it has signed an agreement with Israeli company 3DBattery to develop and produce advanced energy storage solutions.

Both the parties will evaluate the collaboration further before entering into definitive agreement, Waaree Technologies said in a statement.

"Waaree Technologies Ltd has signed a non-binding Memorandum of Understanding (MoU) with Israeli company, 3DBattery, to develop and produce advanced energy storage solutions, based on 3DBattery's lithium-ion and upcoming sodium-ion technology," the statement said.

3DBattery provides advanced lithium-ion battery cells and offers a range of cell chemistries for a variety of applications, including electric vehicles, micro mobility, stationary and renewable energy.