Home Economy Exide ties up with British research firm

Exide ties up with British research firm


Kolkata : Exide Industries Limited, India’s leading manufacturer of lead acid storage batteries, Wednesday announced its collaboration with Britain-based research organisation Atraverda Limited to jointly develop bipolar technology to make batteries smaller and more eco-friendly.

“If successful, this would make lead acid batteries smaller, lighter and more environment-friendly. This joint research will enable Exide to develop bipolar lead acid batteries for a range of power storage applications,” Exide managing director & CEO T.V. Ramanathan said here.

He said the agreement with Atraverda, which has patented Ebonex technology, is a small but significant step towards reinforcing Exide’s technology leadership.

“We have a track record of continuous upgradation of technology in respect of lead acid storage batteries over the last few decades,” he said.

S.K. Mittal, director (research & development) of Exide, said: “The development of bipolar technology will take place at the new research block recently commissioned at Kolkata.”

Andrew Dixey, group CEO of Atraverda, said: “The agreement with Exide is a great step for Atraverda. By harnessing Exide’s experience, contacts and industry know-how, we can evaluate the real impact of our Ebonex technology.”