Hyundai Kia Exide
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Hyundai, Kia, and Exide: A Powerful Trio Electrifying India
Buckle up, India! The future of electric vehicles (EVs) just got a major boost. Hyundai, Kia, and Exide have joined forces to bring locally-made electric car batteries to the Indian market. This collaboration is a game-changer for several reasons [Hyundai Kia Exide]
- Made in India, for India: Imagine electric vehicles zooming around powered by batteries manufactured right here in India! This partnership will reduce reliance on imported batteries, making EVs more affordable and accessible.
- The Exide Advantage: Exide, a trusted name in Indian batteries for over 75 years, brings its expertise to the table. They’ve partnered with a leading Chinese battery technology company, so cutting-edge technology is guaranteed.
- Focus on LFP Batteries: Hyundai, Kia, and Exide are setting their sights on Lithium Iron Phosphate (LFP) batteries. These batteries are known for their affordability, stability, and long lifespans, making them perfect for Indian conditions.
What This Means for You
- More EV Options: This collaboration is expected to lead to a wider range of electric vehicles from Hyundai and Kia in India. With locally-produced batteries, costs can go down, making EVs more enticing for Indian consumers.
- A Greener Future: By promoting EVs, this partnership aims to reduce emissions and create a cleaner, more sustainable future for India.
Does Exide manufacture EV battery?
Exide is actually making a big push into the EV battery market, but there’s a key distinction to consider. [Hyundai Kia Exide]
- Exide doesn’t currently manufacture the Lithium-ion batteries used in most electric cars. Their traditional strength lies in lead-acid batteries, which are not suitable for electric vehicles due to weight and range limitations.
However, Exide is taking significant steps to become a major player in the EV battery space
- Exide Energy Solutions Ltd.: This subsidiary of Exide Industries was specifically established to focus on Lithium-ion battery production for EVs.
- Partnerships: Exide has partnered with international companies like SVOLT Energy Technology (China) to gain expertise and technology for Lithium-ion battery manufacturing.
- Local Production Facilities: Exide is setting up a greenfield lithium-ion cell manufacturing plant in India, aiming for commercial production by 2025.
Who owns Exide battery?
- Exide Technologies (US): This company, known for its automotive and industrial lead-acid batteries, is now owned by a group of long-term shareholders under Energy Technologies Holdings LLC. This separation from Exide Technologies Holdings happened in October 2020.
- Exide Industries (India): This separate company, focusing primarily on lead-acid batteries in India, is a publicly traded company. It has its own board of directors and management team, led by Chairman Bharat Dhirajlal Shah and Managing Director Subir Chakraborty.
Which company owns Exide battery?
To clarify the ownership of Exide batteries, it depends on the geographic location. [Hyundai Kia Exide]
- North America (US, Canada, etc.): Exide Technologies, the company known for automotive and industrial lead-acid batteries, is no longer owned by a single company. Since October 2020, it’s controlled by a group of long-term shareholders under Energy Technologies Holdings LLC.
- India: Here, Exide refers to Exide Industries Limited, a separate publicly traded company. They primarily manufacture lead-acid batteries and are not affiliated with Exide Technologies. This Indian company has its own independent management team.
Does Exide make BMW batteries?
No, Exide doesn’t directly manufacture the batteries that come pre-installed in BMW cars.[Hyundai Kia Exide]
- BMW Battery Suppliers: BMW likely sources their car batteries from various manufacturers, with a focus on AGM (Absorbent Glass Mat) technology for optimal performance.
- Exide as a Replacement Option: While Exide doesn’t supply BMW directly, they offer a wide range of car batteries, including AGM types, that are compatible with BMW vehicles. These can be a cost-effective alternative to BMW-branded batteries when replacing a dead one.
- Dealer Approval: It’s always recommended to check with your BMW dealership or consult your car’s manual before choosing a replacement battery. Some dealerships might require specific battery specifications or perform coding/registration for optimal performance.
Is Exide a govt company?
No, Exide is not a government company. There are actually two major companies using the Exide name
- Exide Technologies (US): This company manufactures automotive and industrial lead-acid batteries. It’s a private company owned by a group of long-term shareholders under Energy Technologies Holdings LLC.
- Exide Industries Limited (India): This company focuses on lead-acid batteries in India and is a publicly traded company. It has its own independent board of directors and management.
So, depending on the context, Exide can be either a private company or a publicly traded one, but it’s not owned by the government in either case.
Is Exide an Indian brand?
The answer to whether Exide is an Indian brand depends on the specific Exide company you’re referring to.[Hyundai Kia Exide]
- Exide Technologies (US): This company, known for its automotive and industrial lead-acid batteries, is not an Indian brand. It’s a private company based in the United States and currently owned by a group of long-term shareholders under Energy Technologies Holdings LLC.
- Exide Industries Limited (India): This separate company, focusing primarily on lead-acid batteries within India, is very much an Indian brand. It’s a publicly traded company with its headquarters in Kolkata, India, and has been operating there for over seven decades.
Final TakeAway:
The world of batteries is getting a jolt, and India is in the driver’s seat! With Hyundai, Kia, and Exide joining forces, the future of electric vehicles in India looks bright. This collaboration is all about making EVs more affordable and accessible, paving the way for a cleaner and greener tomorrow. So, buckle up, India – the electric revolution is just beginning![Hyundai Kia Exide]