Exide has been through EV learning curve since 2019 .
First with different battery packs targeted at varied use cases – It already has 600 crore pipeline of orders in battery packs
Now it is moving to cell MFG with Chinese Battery player support for setting up Mfg and RM support .
Amara Raja has been slow … but still it can negate it if ties up player like LG or CATL … That will bring access to in global clients supply chain …
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