Exide industries: Assumed Li-ion Battery Business Shines with Rs1700 Crore Revenue – Ken Research Exide Industries, a prominent player in the storage battery market, confidently asserts its substantial lead over competitors in the lithium-ion battery business. To solidify its position, the company established a wholly-owned subsidiary called Exide Energy Solutions in 2022, anticipated to commence operations by the end of FY25, the cell manufacturing factory represents a significant investment… Read More »
India EV Charging Equipment Market Gained Momentum after the Implementation of FAME India Scheme Generating $40 Mn in 2021. Will the Growth Sustain? Govt. Policies & Subsidies provided under FAME II, GST Reduction 18% to 5% on EV chargers and Incentives provided on Chargers helped India EV Charging Equipment Market Revenue grew almost at 23% by 2016- 2021, as per the findings by Ken Research. 1. FAME II primarily focuses on driving the electrification of public transportation and… Read More »
