Categories: Business

Exide and Leclanché’s joint venture Nexcharge begins production in Gujarat

At its facilities in Prantij, Gujarat, Nexcharge, a joint venture between India’s Exide Industries Limited and Switzerland’s Leclanché SA, has started mass production of lithium-ion battery packs. The plant, which covers six lakh square feet and has a 1.5 GWh installed capacity, comprises six totally automated assembly lines and testing facilities.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

KEY POINTS:

  • Exide and Leclanche invested Rs 250 crore in the plant, which would employ its six assembly lines to produce over 150 products developed over the last four years.
  • The six assembly lines will use cells to create modules, which will subsequently be converted into battery packs in a variety of shapes and sizes, including pouch, prismatic, and cylindrical, to meet the energy storage needs of India’s electric vehicle market and industrial applications.
  • Nexcharge manufactures battery packs for a variety of goods, including two- and three-wheelers, personal and commercial cars, and inverters.
  • Cells are currently sourced from China by the company, which has an in-house R&D centre in Bengaluru. In India, it has 35 clients.

Exide Industries Limited:

Exide Industries Ltd, located in Kolkata, is an Indian multinational storage battery manufacturer and life insurance firm. It is India’s largest and fourth-largest maker of automotive and industrial lead-acid batteries.

Leclanché SA:

Leclanché was formed in 1909 and specialises in lithium-ion cells and energy storage technologies. Leclanché makes large-format lithium-ion cells using a licenced ceramic separator technology and an emphasis on Lithium–titanate technology.

Find More Business News Here

Recent Posts

Which District of Uttar Pradesh is Known as the City of Rose Water?

There are many cities in India that are known for something special, like species, textiles…

11 hours ago

Jagannath Rath Yatra 2025 Begins with Snana Purnima Today; Check Full Schedule, Start and End Dates

Every year in Puri, Odisha, a very special festival takes place to honor Lord Jagannath,…

12 hours ago

Katrina Kaif Appointed Global Tourism Ambassador for the Maldives

In a strategic tourism and diplomatic move, Bollywood actor Katrina Kaif has been named the…

13 hours ago

GK Quiz on Kabir Das Jayanti 2025, Questions and Answers

Kabir Das Jayanti is celebrated every year to remember the birth of Sant Kabir Das,…

14 hours ago

Calcutta High Court Allows 15-Year-Old to Adopt Stepfather’s Surname

In a significant judgment, the Calcutta High Court has permitted a 15-year-old boy to adopt…

15 hours ago

Sri Lanka Celebrates Poson Poya: Honoring 2000 Years of Buddhism

Sri Lanka is observing the sacred Poson Poya festival today, which commemorates the arrival of…

15 hours ago