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VERIFIEDET Finance·neutral
Exide's Bengaluru lithium-ion cell plant to generate revenue from Q3: CEO
AI Summary
- ·Exide Industries anticipates its Bengaluru lithium-ion cell plant will start generating revenue in the third quarter.
- ·The company has made and plans further significant investments to complete the first phase of the project.
- ·The plant will initially supply domestically manufactured battery cells for electric vehicles and energy storage, with stationary lithium battery applications also targeted from the third quarter.