
Partnership16 Sept 2026, 07:56 am
Exide India Partners ExCom Germany for European Battery Business
AI Summary
Exide Industries Limited (India) and ExCom Energy Solutions GmbH (Germany) have entered into a long-term strategic cooperation agreement to strengthen their industrial battery and energy storage systems business across the European Economic Area (EEA). The collaboration will leverage Exide India's manufacturing capabilities and ExCom GmbH's market presence and application engineering. Products will be marketed under the ExCom brand, initially focusing on traction and motive-power battery solutions, as well as stationary battery systems. Both companies see potential for future expansion into advanced chemistry solutions.
Key Highlights
- Strategic cooperation agreement signed between Exide India and ExCom Germany.
- Focus on industrial battery and energy storage systems in the European Economic Area.
- Combines Exide's manufacturing strength with ExCom's market access and expertise.
- Initial focus on traction and motive-power batteries, expanding to advanced chemistry later.
Price Impact
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