RAIN Industries has announced a joint development agreement (JDA) between its subsidiary, RAIN Carbon Inc., and Northern Graphite Corporation.

The partnership aims to develop and commercialize advanced battery anode materials (BAM) for lithium-ion batteries, targeting the growing electric vehicle (EV) market.

The collaboration comes at a time when demand for EV batteries is expected to surge globally. By entering the battery anode market, RAIN Industries is diversifying its portfolio and aligning itself with the evolving needs of the green energy sector. The partnership signifies the company’s focus on innovation and sustainability.

Rain Industries Share Price history

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Day Open Close Day’s change
Wed, Oct 9 2024
₹166.43
₹165.66
-0.31%
Tue, Oct 8 2024
₹161.30
₹166.18
+2.89%
Mon, Oct 7 2024
₹172.00
₹161.51
-5.62%
Fri, Oct 4 2024
₹175.00
₹171.13
-2.22%
Thu, Oct 3 2024
₹179.94
₹175.02
-4.27%
Tue, Oct 1 2024
₹179.50
₹182.83
+1.56%
Mon, Sep 30 2024
₹179.09
₹180.03
+0.61%
Fri, Sep 27 2024
₹180.98
₹178.93
-0.70%

 

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TOPICS: Rain Industries