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Exide Industries Q4 Results: Firm beats profit view on higher demand – ET Auto

Baua Electric

Indian battery-maker Exide Industries beat fourth-quarter profit expectations on Tuesday, helped by higher demand in its automotive and industrial products segments. Exide’s standalone profit after tax rose 36.6% from a year ago to 2.84 bn rupees as per LSEG data. Exide’s standalone profit after tax rose 36.6%

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Exide Industries further invests nearly INR 40 cr in advanced chemistry battery cells making arm – ET Auto

Baua Electric

Battery maker Exide Industries Ltd on Wednesday said it has further invested nearly INR 40 crore in its wholly-owned arm advanced chemistry battery cells manufacturer Exide Energy Solutions Ltd. EESL is in the process of setting up a plant for manufacturing and selling lithium-ion battery cells , modules and pack business.

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Japan to expand Russia-bound export ban to li-ion batteries, industrial items – ET Auto

Baua Electric

Japan will expand its Russia-bound export ban to include 164 additional industrial items such as lithium-ion batteries, gas pipes and car engine oil, the trade ministry said on Friday.

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Faraday Institution launches physics-based battery modeling standard: BPX

Green Car Congress

The Faraday Institution launched the Battery Parameter eXchange (BPX) , an open standard for physics-based lithium-ion battery models. The standard defines the battery parameters, the equations that use the parameters, and the reporting of experimental measurements used to validate the reported parameters.

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Scholz hails Northvolt factory as sign of Germany’s industrial appeal – ET Auto

Baua Electric

Germany is and will remain a strong industrial location, Chancellor Olaf Scholz said on Monday as he formally opened construction at Northvolt’s battery cell factory in Heide, in the northern state of Schleswig-Holstein. Battery cells “Made in Germany” would help to build cars beyond combustion engines, he added.

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Piaggio offers battery subscription model for Ape electric 3W at INR 2.59 lakh – ET Auto

Baua Electric

Piaggio Vehicles Pvt Ltd (PVPL),a subsidiary of the Piaggio Group and a leading Indian manufacturer of small commercial vehicles and electric three-wheeler (3EV) pioneers, has announced a “ Battery Subscription Model ” for its Ape Elektrik electric 3Ws. It addresses a major pain point – battery anxiety.

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Battery stocks’ rally may extend after USD 2 billion surge – ET Auto

Baua Electric

A rally in India’s battery maker stocks this month looks poised to extend amid optimism over further collaborations with foreign vehicle manufacturers. A rally of 45% has made Exide Industries Ltd. Purchase subsidies, lower operating costs and state-level policy will continue to support growth in the industry, analysts said.

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