Exide batteries to power Tata Nano

Exide batteries to power Tata Rs. 1 lakh car

Exide Industries has claimed that they would be the provider of battery solution for the upcoming Tata’s Rs. 1 lakh car. In addition, they would also be supplying batteries for the company’s “world truck” projects.

SK Mittal, director, R&D, Exide Industries said in a statement: “We have presented our designs to Tata Motors and have got a favorable response from them”. He added that the lead-acid battery for the small car would be small in size and cost competitive.

Mittal said: “The small car battery will be technologically advanced and could be made on a massive scale to get better economies of scale. Similarly, the battery for the global truck is going to be contemporary to world standards.”

They have tied up with Japanese battery makers Shinobe, a Hitachi company, and Furukawa for technology sharing. This Rs. 1 lakh car project is Tata Motors Chairman Ratan Tata’s dream project and is expected to be launched in the next 2 years.