exide india not threatened by suzuki\'s lithium-ion battery plans

Kolkata: Exide Industries Ltd, India\'s largest car battery maker, believes that the lithium proposed by Japanese auto giant Suzuki Motor Co. , Ltd. is not a \"major threat\"
Ion battery plant in Gujarat.
The factory will produce lithium
The ion batteries of hybrid cars in domestic and international markets will be jointly invested by Suzuki, Toshiba and Denso for $0. 18 billion.
\"We don\'t foresee any major threats.
These batteries are for the engine, and the engine is only a small part of the total battery demand of the car.
\"Lead-acid batteries will continue to be used for other parts such as doors and windows,\" an Exide industries\' source told PTI . \". Lithium-
Compared with lead-acid batteries, the cost of ion batteries is also high, which may limit their use in price
They say sensitive markets like India.
Exide Industries is a leading enterprise in the field of OEM automotive batteries, about 1-
Its third revenue comes from OEM and institutional sales and the rest comes from the retail sector.
The company produces about 42 million cars and motorcycle batteries a year. The Kolkata-
The US-based company itself is trying to get into the lithium industry.
In partnership with Swiss companies, the Ion Battery market for electric cars and other larger applications.
Exide Industries plans to be a lithium source battery initially
Gautam Chatterjee, general manager and CEO, recently said that ion batteries, at a later stage, look at the manufacturing industry, which will require an investment of Rs 800.
He said the company is also working to develop batteries that consume less lead, a key but expensive investment.
\"We\'re working on bi together-
Lead acid batteries with our polarity-
Based on advanced battery concepts (ABC).
It will be a disruptive technology that consumes less lead than the current battery, \"Chatterjee said.