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SASI KUMAR SEBI RA

6th May 2025 · SEBI-Registered Analyst

Exide Industries Gears Up for a Battery-Powered Future.

Exide Industries, one of India’s top battery makers, is making big moves in the electric vehicle (EV) and energy space. Here’s what you need to know in simple words: New EV Partnerships Exide is talking to two big electric two-wheeler companies and one three-wheeler company to make and supply batteries for them. This means more electric vehicles on Indian roads powered by Exide. Big Tie-Up with Hyundai Exide has already started working with Hyundai India to make battery cells right here in India. This will help Hyundai use locally made batteries for its electric cars – making EVs more affordable and boosting the Indian battery industry. More Than Just EVs Exide is also: • Supplying small backup batteries (auxiliary batteries) for electric 2-wheelers and 4-wheelers. • Creating new batteries for e-rickshaws, commercial vehicles, and home inverters. Solar Power Plans Exide wants to offer complete rooftop solar solutions – helping people and businesses use solar power their homes and offices. This can become a major source of income for the company. Growth Areas (Mega Trends) Exide sees big opportunities in: 1. Mobility – more vehicles need more batteries. 2. Data centers – these need reliable backup power. 3. Automation in transport & warehouses – like electric forklifts and robots. 4. Power, telecom & city infrastructure – batteries play a key role here too. As cities grow and more people want clean, reliable energy and transport, companies like Exide will play a big role. Whether it's EVs, solar power, or backup batteries – Exide is preparing for a future where power is clean, local, and always available.

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