Exide collaborates with China for lithium-ion cell manufacturing in India
Storage battery major Exide Industries has forged a multi-year technical collaboration with a Chinese company for lithium Ion battery manufacturing in India.
Exide in a statement on Thursday said partner SVOLT Energy Technology Co Ltd (SVOLT) as part of the agreement will grant Exide an irrevocable right and license to use, exploit and commercialise necessary technology and know-how owned by them for lithium-ion cell manufacturing in India.
