Furukawa Battery has concluded a sub-licence agreement with Indian lead-acid battery manufacturer, Exide Industries for the production and sales of UltraBattery.

The deal grants Exide the right for Furukawa Battery to manufacture and sell UltraBattery in the Indian automotive field. Furukawa Battery will contribute to the expansion and stabilisation of Exide’s automotive UltraBattery business in India by supporting it as a technical partner.

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Furukawa Battery and Exide have formed a technological alliance since the mid-2000s. In 2005, Furukawa Battery concluded a technical assistance contract with Exide for lead-acid batteries for automotive use and in 2007, for valve-regulated lead-acid (VRLA) batteries for motorcycles.

In 2012, a technical assistance contract was added for lead-acid batteries for idling stop vehicles. All three contracts are still under way.

Furukawa Battery is providing Exide with technologies to produce lead-acid batteries.

By doing so, Furukawa Battery will support the upgrading of Exide’s batteries and the expansion of its product line-up.

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