https://www.financialexpress.com/industry/plant-to-produce-batteries-for-evs-to-be-operational-by-year-end-exide/1665373/
Exide’s Gujarat plant to produce batteries for EVs to be operational by
year-end
August 4, 2019  Kolkata 

[image  
https://images.financialexpress.com/2019/08/Exide-and-Leclanche-batteries.jpg
The JV was formed between Exide and Leclanché in a 75:25 ratio
]

Eyeing India’s electric vehicle (EV) market and grid-based applications,
Exide had formed a joint venture with Switzerland-based Leclanché SA, one of
the world’s leading energy storage solution companies, in June last year.

The JV was formed between Exide and Leclanché in a 75:25 ratio.

In a bid to be fully prepared to grab the opportunities in the evolving
electric vehicle market, India’s largest lead acid storage battery maker
Exide Industries is planning to start production of lithium-ion batteries
from its joint venture plant in Gujarat by the end of this calendar year.

Eyeing India’s electric vehicle (EV) market and grid-based applications,
Exide had formed a joint venture with Switzerland-based Leclanché SA, one of
the world’s leading energy storage solution companies, in June last year. 

The JV company’s production plant in Gujarat is the first such indigenous
facility in the country for manufacturing lithium-ion batteries and provide
energy storage systems for the EV market, with the government’s push towards
promoting electric mobility.

“It is inevitable that electric vehicles will come into India. Whether it
will be three years down the line, five years down the line or ten years
down the line, that can be debated. But we as a company, want to be fully
prepared to address this opportunity,” Exide Industries’ MD & CEO Gautam
Chatterjee told shareholders here during the company’s 72nd annual general
meeting.

“The Gujarat plant is going on full stream. It will start operation by end
of this calendar year. Around `100 crore has already been invested. Another
`100 crore will be pumped in within March next year,” Chatterjee said.

“At the plant, we are planning three different assembly lines for three
different types of products,” he said. The JV company will specifically
target e-transport and fleet vehicles, including e-buses, e-wheelers and
e-rickshaws.

“Hopefully, the first assembly line will be ready by October-November. And,
the others (assembly lines) will be ready by March next year,” Chatterjee
said.
[© financialexpress.com]


+
https://www.teslarati.com/tesla-model-3-chevron-fast-charging-ev-ad/
Tesla Model 3 featured in Chevron ad for battery and fast charger
investments
August 4, 2019  In a marketing video touting the energy giant’s partnerships
with Natron Energy and ChargePoint, a white Tesla Model 3 was ...
https://youtu.be/MiuJD_EM7Z0




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