Lead battery maker Exide Industries increases stake in Leclanché JV

India’s biggest lead-acid battery maker Exide Industries has increased its stake in Nexcharge— the lithium-ion joint venture (JV) it formed with Leclanché in 2018.
Exide increased its shareholding in the JV by 2.28% to bring its total ownership share to 80.15%, the Indian firm said in a stock exchange filing on 23 November.