In Short : Exide Industries plans to commence lithium-ion cell production by the end of FY26, marking a major step in its battery manufacturing expansion. The company is advancing work on its upcoming giga-factory to cater to growing demand from electric vehicles and energy storage systems. This move is expected to strengthen India’s battery supply […]
Exide to Power Hyundai and Kia EVs with India’s First Locally Made LFP Battery Cells – EQ
In Short : Hyundai and Kia have partnered with Exide Energy to source India’s first locally made lithium-iron-phosphate (LFP) battery cells for their upcoming EVs. Exide’s Bengaluru plant will supply the cells starting late 2024. This move supports India’s EV localization push and marks a major step for Exide in shifting from lead-acid to advanced […]
5 EV Battery Stocks to Watch for Potential Multibagger Returns – EQ Mag Pro
The proof is in numbers. Want Electric Vehicles (EVs) Sales have been on the rise with doubling in the last three years. While there were 69,012 electric vehicles on the road in 2017-18, the number crossed 200,000 units in 2020-21. A powerful driver is the government and their tireless and sincere efforts to boost demand […]
Exide begins production at India’s largest lithium-ion battery plant with partner Leclanche – EQ Mag Pro
With total installed capacity of 1.5 GWh, the plant has six automated assembly lines on which it will produce batteries Indian battery maker Exide Industries and joint venture partner Switzerland’s Leclanche SA have begun mass production at the nation’s largest lithium-ion battery plant in the western state of Gujarat, the companies said on Thursday. The […]
Nexcharge, Tata Power inaugurate India’s 1st grid-connected community energy storage system
The grid-connected system, owned by Exide Industries and Leclanche SA, will provide the path for wider adoption of grid-scale energy storage technology across India. New Delhi: Nexcharge, a joint venture between Exide Industries and Switzerland-based Leclanche, on Tuesday inaugurated the country’s first grid-connected lithium-ion battery-based community energy storage system in Delhi in collaboration with Tata […]
CESC, Exide unveil battery energy storage in city
The BESS is located at CESC’s East Calcutta Substation near Kankurgachi, Kolkata. This battery-based energy storage system uses latest Gel-type Lead Acid Technology, propelling higher level of efficiency and safety. “We have embarked upon installation of our first Battery Storage System in Kolkata to further enhance quality of power supply to our Consumers through dynamic […]
Exide JV to start lithium-ion battery mfg in Guj by 2019
Kolkata: India’s largest storage battery maker Exide Industries is planning to start production of lithium-ion batteries from its joint venture plant in Gujarat by end of this calendar year. Aiming at entering India’s electric vehicle (EV) market and grid-based applications, Exide had formed a 75:25 joint venture with Switzerland-based Leclanché SA, one of the world’s […]
Exide in shareholding pact with Cleantech Solar
Three SPVs have been formed by Cleantech Solar Energy to set up the plants for Exide Industries’ factories at Tamil Nadu, Haryana and Maharashtra The country’s largest lead-acid battery manufacturer Exide Industries has entered into an equity shareholding agreement with Singapore-based Cleantech Solar Energy for three captive solar power plants to be set up for […]
Exide Announces Groundbreaking Solar Installations in Portugal
Official contract signing involving Exide’s Stefan St?bing and EDP’s Vera Pinto Pereira GENNEVILLIERS, France: Exide Technologies (www.exide.com), a global provider of stored energy solutions for the automotive and industrial markets, is announcing two new photovoltaic installations with a total capacity of 3.8 MWp in Portugal. These will be situated at Exide’s production facility in Castanheira […]
