Exide Industries Takes Lead in Lithium-ion Battery Market with Strong Customer Connect and Impressive Order Book: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Exide Industries leads in lithium-ion batteries, with strong customer relationships and a Rs 600-700 crore order book. Joint ventures and a multi-gigawatt cell manufacturing plant further bolster their market position. Storyline Exide Industries leads in customer engagement. Current order book worth Rs 600-700 crore. Joint venture with Leclanché SA for lithium-ion batteries. As per Ken Research, the initiative has received mixed reactions from industry experts. 1. What’s it all about? Exide Industries, a major storage battery player, feels that it is ahead of its competitors in the lithium-ion battery business, particularly in terms of customer relationships. With an order book worth Rs 600-700 crore, the company’s module and pack making facility is set to fulfill orders from two-wheelers, three-wheelers, commercial vehicles, and telecom OEMs over the next 12-15 months. Additionally, the company’s collaboration with Leclanché SA and its establishment of a multi-gigawatt lithium-ion cell manufacturing plant further solidify its position in the market. Also Read: Global Battery Market Trends 2. What else to showcase the USP? The company also formed a joint-venture with Switzerland-based Leclanché SA & has been making lithium-ion batteries modules and packs in Gujarat. The collaboration was done in June, 2018, in a bid to foray into lithium-ion battery systems and energy solutions, eyeing India’s EV market. Moreover, setting-up of a green-field multi-gigawatt lithium-ion cell manufacturing plant in Karnataka is also on the plates for Exide. For this, the company has entered into a multi-year technical collaboration agreement with China’s SVOLT Energy Technology. Also Read: Battery Market Dynamics 3. A mixed reaction from Industry Experts? The company has tied up with SVOLT for Li-ion manufacturing and is already in discussion with 2W, 3W, CV and Telecom OEMs. However, as domestic PV OEMs have already tied-up with other companies for the procurement of EV cells, the company’s addressable market size is anticipated to be limited. We have assumed Li-ion battery business revenues of Rs1700 crore and EBITDA margin of 5% in FY2026,” Kotak Institutional Equities said in its report on Exide. “Although Exide Industries will be foraying into the EV battery space over the coming years, it needs to secure orders from OEMs. Given limited opportunity in the EV PV segment, the company will have to win orders in other segments. The valuation remains fair at the current juncture and a re-rating of the stock will depend on its ability to transition to lithium-ion technology,” the domestic brokerage firm noted. Also Read: Global Li-ion battery market Future trends Tags: Amara Raja Battery Market Revenue, Amara Raja Battery Market Size, Amara Raja three-Wheeler EV Industry, Amara Raja three-Wheeler EV Market Revenue, Challenges India Battery Market, Competition India Battery Market, Emerging Companies Global Battery Market, Global Lithium Ion Battery Market, India Automotive Batteries Market, India Battery Market, India Battery Market Growth, India Battery Market Industry Analysis, India Consumer Electronic Batteries Market, India EV Battery Market, India Industrial Batteries Market, India Lead Acid Batteries Market, India Lithium Ion Battery Market, India Rechargeable Battery Market, India Sodium-Ion Batteries Market, Number of India Battery Manufacturers, Number of Retail Companies in India, Top 10 Players Global Battery Market, Top Automotive Battery Brands India, Trends India Battery Market