Project Update23 Sept 2026, 04:13 pm
Exide Energy Solutions Commissions 6 GWh Lithium-Ion Cell Facility
AI Summary
Exide Industries Ltd announced that its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL), has completed the commissioning of Phase-I of its lithium-ion cell manufacturing facility. Located in Devanahalli, Bengaluru, the 6 GWh facility is designed to produce advanced lithium-ion cells across various chemistries and form factors. This development enables EESL to cater to a broad spectrum of mobility and energy storage applications, marking a significant step in Exide's expansion into the electric vehicle and energy storage sectors.
Key Highlights
- Exide's subsidiary EESL commissioned its Phase-I lithium-ion cell facility.
- The facility has a capacity of 6 GWh and is located in Bengaluru.
- It will manufacture advanced lithium-ion cells for mobility and storage.
- This marks a key expansion for Exide in the EV and energy storage market.
Price Impact
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