Exide invests ₹450 crore in EV battery arm as Bengaluru gigafactory nears commissioning

Exide invests ₹450 crore in EV battery arm as Bengaluru gigafactory nears commissioning

Exide invests ₹450 crore in EV battery arm as Bengaluru gigafactory nears commissioning, with production set for FY26 and strong demand visibility from auto partners.

Exide Industries on Wednesday said in a regulatory filing that it has infused another 450 crore into its electric vehicle battery subsidiary, Exide Energy Solutions Ltd (EESL), as its lithium-ion gig… [+2579 chars]