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Exide Industries working on lithium-ion technology for EVs

10 Jul 2018 Evaluate

Exide Industries is working on the development of appropriate lithium-ion technology for applications in the country particularly for the emerging demands of electric vehicles (EVs).

The company has the licence to use and manufacture battery packs and modules using lithium-ion technology for various applications developed by Centre for Electric Vehicles, IIT Madras and Grinntech Motors and Services. The licence is effective from August 28, 2017 and has validity up to August 27, 2027.

Exide Industries manufactures the widest range of storage batteries in the world from 2.5 Ah to 20,400 Ah capacities, covering the broadest spectrum of applications. It is India’s largest producer of automotive and industrial batteries, with seven manufacturing plants strategically located across the country.

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