MANUFACTURING
Exide Banks On Lead-Acid Strength, Lithium-Ion Expansion For Next Phase
Exide Industries is pursuing a balanced growth strategy that combines the cash-generating strength of its lead-acid battery business with long-term investments in lithium-ion technology, as the energy storage industry undergoes a gradual technological transition. In his message to shareholders in the company’s Annual Report 2026, Exide Industries Chairman Sridhar Gorthi said lead-acid batteries will continue […]
CW Bureau
·
Jun 17, 2026
AUTO
Pune-Powered And Africa-Focused EV Firm Spiro Bags $215 Mn Funding
Spiro, the Africa-focused electric mobility platform founded by Indian entrepreneur Gagan Gupta, has secured a landmark $215 million investment round backed by major institutional investors including Impact Fund Denmark and Equitane to accelerate the rollout of electric mobility and battery-swapping infrastructure across the continent. The funding will support the expansion of Spiro’s battery-swapping network, manufacturing […]
CW Bureau
·
Jun 1, 2026
MANUFACTURING
Epsilon Eyes Grid-Scale Storage Biz With Indigenous Hard Carbon Tech
Epsilon Advanced Materials Pvt Ltd has announced the launch of its hard carbon anode material, specifically engineered for Sodium-Ion (Na-ion) batteries targeting grid-scale energy storage systems (ESS). Developed entirely through in-house research and development, the new material is positioned as a low-cost, graphite-free and sustainable anode solution at a time when sodium-ion battery technology is […]
CW Bureau
·
May 18, 2026
