Hyundai Motor and Kia Corporation have partnered with Exide Energy Solutions Ltd in India to supply batteries for their electric vehicles, focusing on localizing the production of lithium-iron-phosphate (LFP) cells. This move aims to strengthen its presence in India's growing EV market, where Hyundai plans substantial investments, including launching six EV models by 2028.

#Hyundai #Kia #ExideEnergy #EVs #IndiaAutomotive #ElectricVehicles #BatteryProduction #AutoIndustry #RenewableEnergy #SustainableMobility

Exide Industries Ltd has made a substantial investment of over ₹100 crore in its wholly-owned subsidiary, Exide Energy Solutions Ltd EESL ....

#ExideIndustries #ExideEnergy #Investment #BatteryManufacturing #AdvancedBatteryCell

https://www.ganganews.com/business/exide-industries-invests-over-%e2%82%b9100-crore-in-advanced-battery-cell/