Exide Charts Growth in Battery Market with Dual Focus

Exide, a battery company, is planning for the future by focusing on two kinds of batteries: old-fashioned lead-acid ones and newer lithium-ion ones.

They're building a factory to make lithium-ion batteries soon.

The company made a lot of money last year and is putting more money into lithium-ion technology.

Some parts of their business, like car batteries and solar energy, did really well.

Exide is also working to make their factories and products better using new technology, and is committed to recycling and using renewable energy sources.