https://www.taxtmi.com/news?id=61892 Exide plans lithium ion cell production by end FY26, starting with an NCM cylindrical line for two wheelers and a prismatic LFP line for stationary storage. It targets utilisation ramp to 60% then 90%, expects margins at steady 80-90% utilisation to match lead acid margins, and will price using a mix of import parity and cost plus. The company passed the GST reduction on batteries to consumers and has made Q2 provisions to meet EPR obligations under new battery waste rules, anticipating these costs to recur and be reflected in pricing. en-us Mon, 17 Nov 2025 19:46:04 +0530 Mon, 17 Nov 2025 19:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=61892 Exide plans lithium ion cell production by end FY26, starting with an NCM cylindrical line for two wheelers and a prismatic LFP line for stationary storage. It targets utilisation ramp to 60% then 90%, expects margins at steady 80-90% utilisation to match lead acid margins, and will price using a mix of import parity and cost plus. The company passed the GST reduction on batteries to consumers and has made Q2 provisions to meet EPR obligations under new battery waste rules, anticipating these costs to recur and be reflected in pricing. News - Mon, 17 Nov 2025 19:46:04 +0530 https://www.taxtmi.com/news?id=61892