Exide Industries Ltd.

Exide Industries is India’s largest battery maker and a household name in energy storage, now transitioning into the era of EVs. With a legacy dating back to the 1940s, Exide manufactures batteries for automotive, industrial, and submarine applications. In the EV domain, Exide has entered a joint venture (Exide Leclanché – Nexcharge) to produce lithium-ion battery packs domestically, capitalizing on its extensive manufacturing footprint and distribution network. Exide has established a lithium battery assembly plant and is exploring cell manufacturing. Known for its reliable lead-acid batteries powering millions of cars and telecom towers, Exide is leveraging its market reach and service infrastructure to offer EV charging and battery swapping solutions as well. The company’s R&D is actively developing advanced lead-carbon and lithium technologies to stay at the forefront. Exide’s evolution from conventional batteries to lithium exemplifies how it aims to remain the preferred energy storage provider in India’s automotive and clean energy sector.