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Exide Energy Solutions to set up Li-ion battery cell manufacturing unit

Thursday, 28 Jul 2022
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Exide Industries subsidiary has executed a sales agreement in Bengaluru, Karnataka to set up a lithium-ion battery cell manufacturing facility. 
 
Exide Energy Solutions (EESL) has executed the lease-cum-sale agreement with the Karnataka Industrial Areas Development Board (KIADB) for procuring land parcel in Bengaluru. 
 
The plant will be used to set up multi-gigawatt Li-ion battery cell manufacturing facility for electric mobility and stationary application businesses in India.

 

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