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 City is known as the City of Grapes?

Many cities around the world are given special names because of what they are best…

14 hours ago

Who was Known as the Court Poet of Samudragupta?

In ancient India, many powerful kings ruled large empires and were known for their bravery,…

14 hours ago

Which City of Norway is Known as the City of Tigers?

Norway is a peaceful and beautiful country in Northern Europe. It is known for its…

14 hours ago

UIDAI Launches Aadhaar Mascot ‘Udai’ to Make Aadhaar Services More People-Friendly

The Unique Identification Authority of India (UIDAI) has taken a significant step towards improving public…

15 hours ago

Which is the Oldest Railway Station of Odisha? Know About It

Odisha, a state in eastern India, has a rich history in culture, art and transport.…

15 hours ago

Which District of Uttar Pradesh is Known as the City of Rice?

Uttar Pradesh is one of the largest states in India and is known for its…

15 hours ago