Speeding Ahead Since 1947
EXIDE Key next steps on the lithium-ion cell manufacturing
project
Segment
Land
Key next steps
EXIDE
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SPEEDING AHEAD
SINCE 1947
• We are in advanced stages of procuring the land parcel for the green-field project in the state
of Karnataka
Technology
Project Timeline
Funding
Project
Construction
.
Organization
·
Continue jointly working with SVOLT to achieve key milestones across workstreams
First phase likely to take 27-30 months for completion
• Initial funding to be met through internal accruals and bridge financing
• In discussion with various construction companies for project construction on a turnkey basis
.
Onboarding of ACC senior team under progress
To Develop & align training plan for R&D with SVOLT post team finalization
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