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Exide, India and ExCom, Germany Enter into Strategic Cooperation to Strengthen Industrial Battery Business Across the European Economic Area

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New Delhi: Exide Industries Limited (“Exide India”), one of India’s leading Lead Acid battery and energy storage solutions companies, and ExCom Energy Solutions GmbH (“ExCom GmbH”), Germany, have entered into a long-term strategiccooperation agreement for the industrial battery and energy storage systems across the European Economic Area (EEA). Products offered under this cooperation will be marketed and sold under the ExCom brand.

The agreement, signed on 15 September 2026, establishes a close commercial and technical collaboration between the two companies. The cooperation will cover the EEA market. ExCom GmbH will act as the central commercial and technical interface for customers in the region, leading customer development, distribution, technical project support, and after-sales coordination.

The partnership will initially focus on traction and motive-power battery solutions serving material-handling equipment, logistics operations, and other industrial mobility applications, as well as stationery battery systems for industrial, infrastructure and energy storage applications.

By combining Exide India’s extensive manufacturing capabilities, broad technology portfolio, and decades of expertise in industrial battery solutions with ExCom GmbH’s market presence, application engineering capabilities, and local customer support, infrastructure, the collaboration aims to deliver enhanced value to customers across the EEA.

The cooperation is designed to provide customers with a comprehensive portfolio of solutions encompassing battery systems, charging technologies, system integration, application engineering, and lifecycle services. Products and solutions will be tailored to meet the specific technical, regulatory, and operational requirements of customers throughout the EEA.

Commenting on the partnership, Mr. Avik Roy, Managing Director & Chief Executive Officer, Exide Industries Limited, said:

The European Economic Area represents a strategically important market for Exide India’s industrial energy storage business, with growing demand for dependable, efficient, and sustainable energy solutions. ExCom GmbH brings strong market access, deep application expertise, and proven local execution capabilities.

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