Exide ties up with UK co
Exide Industries is trying to make its lead acid batteries smaller, lighter and more environment friendly.
This joint research will enable Exide develop bi-polar lead acid batteries for a range of power storage applications. If successful, the technology will also help Exide reduce the use of lead in producing storage batteries.
The rise in lead price, the principal raw material for storage batteries, has made a dent in profitability of battery manufacturers.
Therefore, players like Exide are trying to find ways to reduce usage of lead as raw material. Incidentally, Atraverda’s patented Ebonex(r) technology is the first commercially viable bi-polar solution to enter the market. This technology makes lead-acid batteries smaller, lighter and more environment friendly. Making such batteries requires less lead, and these are highly recyclable like conventional lead-acid batteries.
Exide managing director TV Ramanathan said, “The agreement with Atraverda is small, but a significant step towards reinforcing Exide’s technology leadership. We have a track record of continuous technology upgradation in respect of lead-acid storage batteries over the past few decades.”
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