Products
Exide's product range includes batteries that are used in automotive, industrial, inverter, and home UPS applications. Automotive batteries are used for SLI application across 2-wheelers, 3-wheelers, and 4-wheelers (Cars, Jeeps, Buses & Trucks) as well as for primary power sources in E-rickshaws. Its industrial usage includes segments such as power (both conventional and renewable), telecom, infrastructure projects, IT/ITES industries, railways, mining, and defence sectors. Exide is also present in the battery energy storage business where it designs and integrates power generated through renewables for use in remote areas of the country. Also, Exide supplies submarine batteries to the Indian Navy.
Research and Development
The company's Research and Development Centre in Kolkata, West Bengal was established in 1976.
Also, Exide's R&D has partnerships with entities such as Moura Batteries in Brazil, Furukawa Battery in Japan, East Penn in the USA, Advance Battery Concepts in the USA, and SVOLT Energy Solutions Company Ltd in China (for Lithium-ion Cell Manufacturing).
Subsidiaries
Chloride Metals Ltd. (CML)
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Chloride International Ltd. (CIL)
Chloride Batteries S.E. Asia Pte Ltd (CBSEA)
Espex Batteries Ltd (ESPEX)
Associated Battery Manufacturers (CEYLON) LTD. (ABML)
Exide Energy Solutions Ltd. (EESL)
Relationship with Exide Technologies
Chloride Electric Storage Co. Ltd. (CESCO) was the United Kingdom–based division of the United States–based Electric Storage Battery Company (ESBC), a predecessor to today's Exide Technologies. In 1947, ESBC was forced to sell off CESCO following the decisions of a United States district court, and CESCO held the "Exide" trademark in the UK, and later sold batteries under the Exide name in India. In 1991, CESCO's successor, Chloride Group plc, fully divested its trademark in India and battery manufacturing operations to its current management. In 1997, Exide Industries filed a lawsuit against Exide Technologies of the United States when the latter tried entering the Indian market, and both companies entered a prolonged legal battle that was heard by the Delhi High Court, which led to a 2012 verdict that Exide Industries was the legal owner of the Exide trademark in India.
An appeal was filed and in 2017, it was ruled that while Exide Industries was the trademark owner in India, Exide Technologies held the goodwill of the "Exide" name and both companies had a legitimate claim to use of the name in the Indian market. A further appeal from the Indian company that went to the Supreme Court of India led to a stay of the verdict, however, there was a restraining order on the use of the "Exide" name from the American company until the final verdict. Both parties settled in 2017, with an out of court settlement from Exide Industries to Exide Technologies, terms being that Exide Technologies waives any rights to the "Exide" trademark in India in perpetuity.