Exide Industries EV battery pact is positive, but not without challenges
Exide Industries Ltd stock fired up this week, rising 20%, following the announcement on Monday of a memorandum of understanding (MoU) with Hyundai Motor Co. and Kia Corp. for supply of batteries. The agreement, which entails the supply of batteries for electric vehicles (EVs) to be manufactured by the two automakers, highlights a significant step … Read more