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Exide Prioritizes NMC Lithium-Ion Cells Ahead of LFP Rollout: Strategic Shift Signals High-Energy Density Focus for EV and Energy Storage Markets

Exide Industries is accelerating its entry into India’s lithium-ion battery market by prioritizing the rollout of Nickel Manganese Cobalt (NMC) cells ahead of Lithium Iron Phosphate (LFP) technology. This strategic move targets high-energy-density electric mobility applications, positioning the company to meet rising demand for long-range EV batteries while building a strong foundation for future energy storage expansion.

Jun 21, 2026

Shell Pauses $3 Billion Buyback Ahead of $16.4 Billion ARC Resources Deal

Shell’s temporary pause of its $3 billion share buyback, linked to its planned $16.4 billion acquisition of ARC Resources, highlights the company’s continued focus on natural gas and LNG growth. The deal may support the floating LNG market by improving long-term gas supply, strengthening North America’s LNG position, and encouraging future investment in flexible LNG infrastructure

Jun 16, 2026