Exide Technologies (NYSE: EX – news) announced today that it has sold its 13.5 percent interest in Yuasa Inc. for $29.9 million. The company expects to report a pre-tax gain of approximately $13.0 million on the sale of the investment in its third fiscal quarter. Proceeds from the sale will be used to reduce debt.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Industrial applications include network power batteries for telecommunications
systems, fuel cell load leveling, electric utilities, railroads, photovoltaic
and other critical uninterruptible power supply markets; and motive power batteries
for a broad range of equipment uses including lift trucks, mining and other
commercial vehicles.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact