Exide Industries Limited (“Exide India”), one of India’s leading lead-acid battery and energy storage solutions companies, and ExCom Energy Solutions GmbH (“ExCom GmbH”), Germany, have entered into a long-term strategic cooperation agreement covering industrial batteries and energy storage systems across the European Economic Area (EEA). Signed on September 15, 2026, the agreement establishes a commercial and technical collaboration between the two companies, with products offered under the ExCom brand. ExCom GmbH will serve as the central commercial and technical interface for customers across the EEA, leading customer development, distribution, technical project support and after-sales coordination.
The cooperation will initially focus on traction and motive-power battery solutions for material-handling equipment, logistics operations and other industrial mobility applications. The partnership will also cover stationary battery systems for industrial, infrastructure and energy storage applications.
The collaboration combines Exide India’s manufacturing capabilities, technology portfolio and decades of experience in industrial battery solutions with ExCom GmbH’s market presence, application engineering expertise, customer relationships and local support infrastructure. Together, the companies aim to provide customers across the EEA with application-specific solutions tailored to technical, regulatory and operational requirements.
The portfolio will encompass battery systems, charging technologies, system integration, application engineering and lifecycle services. The companies intend to support customers throughout the battery lifecycle, from product selection and system design to installation, operation, maintenance and after-sales service.
Commenting on the cooperation, Avik Roy, Managing Director & Chief Executive Officer, Exide Industries Limited, said, “The European Economic Area represents a strategically important market for Exide India’s industrial energy storage business, with growing demand for dependable, efficient, and sustainable energy solutions. ExCom GmbH brings strong market access, deep application expertise, and proven local execution capabilities. By combining these strengths with Exide India’s manufacturing scale, diversified product portfolio, and technological expertise, we aim to create long-term value for customers across the EEA and accelerate the growth of our industrial battery business in the region.”
Holger Aschke, Managing Director, ExCom Energy Solutions GmbH, said, “Exide India has built an outstanding reputation for quality, reliability, and technological excellence over several decades. This agreement establishes a strong platform for serving customers across the European Economic Area with competitive and application-specific energy solutions. Together, we intend to uild a robust European platform for traction batteries while exploring next-generation industrial energy storage opportunities.” The companies also expect to explore advanced chemistry solutions in the future, building on their complementary capabilities and expanding cooperation in selected industrial energy storage applications.
Exide Industries has more than seven decades of experience and offers automotive, industrial, traction and stationary battery solutions. Through its wholly owned subsidiary, Exide Energy Solutions Limited, the company is also developing advanced chemistry cells, modules and battery packs for mobility and stationary energy storage applications.
