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Exide and Leclanché launch Li-ion battery JV in India

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Exide Industries Ltd, India’s largest manufacturer of lead acid storage batteries and power storage solutions provider, and Switzerland-based Li-ion battery manufacturer Leclanché SA announced a joint venture to build lithium-ion batteries and provide energy storage systems for India’s electric vehicle market and grid-based applications.

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Freudenberg secures majority interest in Li-ion battery maker XALT Energy; full acquisition coming

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XALT Energy specializes in applying lithium-ion technology to large-scale, high-energy, high-power storage solutions for industries including commercial transportation, rail, marine, industrial operations and automotive. We are delighted with this strategic venture. —Claus Moehlenkamp, CEO of Freudenberg Sealing Technologies.

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