Exide and Leclanché launch Li-ion battery JV in India
Green Car Congress
JUNE 28, 2018
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. Leclanché SA is the perfect partner for us in India. An estimated 40% of cars sold in India could be electric in 2030.