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.

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.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

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.

See Also:

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