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Swarajya's video: Exide To Invest Rs 6 000 Crore in Karnataka To Set Up A Gigafactory For Advanced Cell Chemistry Tech

@Exide To Invest Rs 6,000 Crore in Karnataka To Set Up A Gigafactory For Advanced Cell Chemistry Tech
Battery maker Exide has announced an investment of Rs 6,000 crore in Karnataka to set up one of the India's largest giga factories for Advanced Cell Chemistry (ACC) technology in the state. The announcement came after Exide India MD and CEO Subir Chakraborty met with Karnataka Chief Minister Basavaraj Bommai on Thursday (31 March). The company has sought land in the Haraluru Industrial Area for setting up the facility to manufacture the advance chemistry cell (ACC) batteries. The storage battery major had earlier this month partnered with Chinese firm SVOLT Energy Technology for lithium-ion battery manufacturing in India. As part of the agreement, Exide will commercialise the technology owned by SVOLT in lithium ion cells. The Chinese firm will reportedly provide Exide with the support to set up a manufacturing plant. According to reports, Exide is in the process of forming a special purpose vehicle in the form of a wholly-owned subsidiary for manufacturing lithium ion cells. Subscribe to Swarajya on YouTube. Get a Swarajya subscription: https://subscriptions.swarajyamag.com/join-us Website: https://swarajyamag.com/ Twitter: https://twitter.com/SwarajyaMag Facebook: https://www.facebook.com/swarajyamag

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This video was published on 2022-04-02 12:00:01 GMT by @Swarajya on Youtube. Swarajya has total 164K subscribers on Youtube and has a total of 4.3K video.This video has received 34 Likes which are lower than the average likes that Swarajya gets . @Swarajya receives an average views of 2.7K per video on Youtube.This video has received 1 comments which are lower than the average comments that Swarajya gets . Overall the views for this video was lower than the average for the profile.Swarajya #Exide #Karnataka #Gigafactory #ACCBattery #AdvancedChemistryCell #Battery #India Subscribe has been used frequently in this Post.

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