· Electronics & Manufacturing · Source: cnbctv18.com

Exide Industries arm commissions phase-I of 6 GWh lithium-ion cell manufacturing plant

Exide Energy Solutions, a subsidiary of Exide Industries, has completed commissioning of Phase I of its 6 GWh lithium-ion cell manufacturing facility at Devanahalli, Bengaluru, on September 23. The plant will make cells in multiple chemistries and form factors for mobility and energy storage uses. The gigafactory is planned to expand to 12 GWh later, and Exide's stock drew investor attention following the announcement.

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