Exide Energy to produce NCM, LFP lithium battery cells initially


Exide Industries Ltd arm Exide Energy, which plans 12 GWh of li-ion cell capacity in two phases, is setting up four lines for Phase 1 li-ion cell capacity of 6 GWh. The facility will manufacture cylindrical (4.2 Ah and 5 Ah) and radial prismatic (106 Ah, 157 Ah and 228 Ah) cells. 

The manufacturing plant in Bengaluru, Karnataka, will span an area of 325,000 sq.m and is being built with a total investment of INR 6,000 crore. 

Exide said the facility will focus on manufacturing advanced chemistry cells. The first-phase 6 GWh will have a 3 GWh capacity for lithium nickel cobalt manganese oxide (NCM) and lithium iron phosphate (LFP) chemistry each. It is scheduled to start production by 2025.

The internal assessment by the company puts India’s li-ion battery demand to grow to 150 GWh by 2023, including up to 110 GWh from mobility and 50-60 GWh from stationary applications. 

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