The Company is in the business of stored electrical energy solutions and manufactures lead acid batteries, which are used in transportation, motive power, network power, and military applications.
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Currently half the value of it's 2 week high. The company has capacity to manufacture up to 1.5 million batteries per year. Both lead acid batteries and lithium ion batteries. Exide has manufactured battery back up systems for Private Branch Exchanges for decades and as interest continues to grow for renewable energy I expect Exide to be strategicaly involved