lithium iron phosphate (LFP) cells

Kolkata: Storage battery major Exide Industries is likely to invest Rs 1,400 crore more this fiscal in its Bengaluru-based lithium-ion cell manufacturing plant to take the total investment to Rs 6,000 crore, MD and CEO Avik Roy said after the company’s annual general meeting on Friday. The first phase has a capacity of 6 GWh.Roy…

Kolkata: Storage battery major Exide Industries is likely to invest Rs 1,400 crore more in the first phase its Bengaluru-based lithium-ion cell manufacturing plant in the current fiscal, MD and CEO Avik Roy said after the company’s annual general meeting on Friday. The first phase, with a capacity of 6 GWh, has already attracted over…