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An important early customer for Electric Storage was the Exide entered the dry-cell battery industry in 1957 when
Electric Launch Company, also known as Elco. it acquired the Ray-O-Vac Company, the then second
largest producer of dry-cell batteries in the US.
In 1899, an Electric Storage battery provided the sub-
merged power for the USS Holland (SS-1), and Elec- Following the acquisition of the Wisconsin Battery Com-
tric Storage remained a signicant supplier of US Navy pany, Exide started producing motorcycle and specialty
submarine batteries at least through World War II. Isaac batteries.
Rice, president of Electric Storage in 1899, was in- In 1972 Exide acquired the Edison Storage Battery Com-
strumental in founding the Electric Boat Company as a pany, which had developed a practical nickel-iron battery
bailout of the Holland Torpedo Boat Company. in 1901. The production of this type of battery was sub-
1
2 3 REFERENCES
2 Sponsorships
Exide is a sponsor of the Cornell Automotive X-Prize
Team.[12]
Exide Technologies has signed an agreement to be the
sole lead-acid battery supplier for the REVA (Revolution-
ary Electric Vehicle Alternative) car-making project in
Bangalore, India.[13]
Exide was also formerly a sponsor of NASCAR driver
Nickel-iron batteries manufactured between 1972 and 1975 un- Je Burton, as well as an associate sponsor and occasional
der the Exide brand, originally developed in 1901 by Thomas primary sponsor of Turner Scott Motorsports.
Edison.
3 References
sequently discontinued in 1975.
In 1987 Exide acquired General Battery Corporation and [1] http://www.scpr.org/blogs/
moved the company headquarters to Reading, Pennsylva- environment/2013/06/03/13867/
nia.[2][5] exide-technologies-faq-everything-you-need-to-know/
Exide became a publicly traded company in October [2] Information from webpages formerly accessible through
1993.[6] http://www.exide.com/history.html. See also http://
www.exide.com/en/about/our-history.aspx
In 1996 Exide acquired the French/Italian battery corpo-
ration CEAC, Clichy. With this acquisition also came the [3] Waltz, George H. (September 1951), Bet I'm the tough-
rights to the German brands Sonnenschein and dryt. The est battery in town, Popular Science 159 (3): 110113.
company Accumulatorenfabrik Sonnenschein had been [4] Blair, Clay, Jr. Silent Victory (New York: Bantam, 1976),
founded in Berlin in 1910 by Theodor Sonnenschein, and p.280.
had patented the gel-cell type of valve-regulated lead
acid battery in 1957. (Marketed worldwide under the [5] Spatz, Don (2001-03-24). Battery Maker to Pay $27.5
name dryt). Million Fine. Reading Eagle. Retrieved 2013-12-28.
Arthur M. Hawkins resigned as chairman and chief exec- [6] Spatz, Don (1993-11-03). Exide Goes Public With
utive ocer of Exide in October 1998.[7] Robert A. Lutz, Stock Oering. Reading Eagle. Retrieved 2013-12-28.
former president and vice chairman at Chrysler Corpo- [7] White, Gregory L.; Sendler, Emily R. (1998-10-19).
ration, was appointed Exides Chairman of the Board. Exide Corp.'s Chairman, CEO Resigns; Earnings to Fall
He reorganized the worldwide management structure into Far Short of Estimates. The Wall Street Journal. Re-
Global Business Units and sold o non-battery units to al- trieved 2013-12-28.
low the company to concentrate on its primary business.
[8] " Company News; Exide Technologies Files For
In 2000 Exide acquired GNB Technologies, a North Bankruptcy Protection. The New York Times. 2002-04-
American supplier of automotive batteries.[2] 16.
In 2002 Exide led for bankruptcy after compiling a debt [9] COMPANY NEWS; EXIDE'S PLAN TO CUT $1.3
of $2.5 billion as a result of the recent acquisitions.[8] In BILLION IN DEBT IS APPROVED. New York Times.
April 2004, a judge approved the companys plan to elim- 2004-04-17.
inate $1.3 billion in debt and exit bankruptcy protection
[10] Peterson, Molly; Zassenhaus, Eric; Keller, Chris. Exides
by the end of the month[9]
shutdown in Vernon. 89.3 KPCC. Southern California
In April 2013, Exides plant in Vernon, California (Los Public Radio. Retrieved 2013-12-28.
Angeles County) was shut down by California regulators
[11] http://www.scpr.org/news/2013/06/03/37535/
for arsenic and lead leakage and emissions.[1][10][11]
vernon-battery-recycler-exide-seeks-a-second-chanc/
In June 2013 Exide again led for Chapter 11 bankruptcy
protection with the aim of cutting debt and implementing [12] Cornell automotive list of sponsors
a restructuring plan to better compete in the market (Ex- [13] Exide Technologies to Supply Batteries to REVA Electric
ide Technologies, Case No. 13-11482, U.S. Bankruptcy Vehicle Project; Company Signs Agreement as Sole Bat-
Court, District of Delaware). In April 2015, the company tery Supplier
3
4 External links
Exide ocial site
5.2 Images
File:Exide_advert_in_Horseless_Age_1918-01-15_v43_p82.png Source: https://upload.wikimedia.org/wikipedia/commons/b/b9/
Exide_advert_in_Horseless_Age_1918-01-15_v43_p82.png License: Public domain Contributors: Electric Storage Battery Company
(1918-01-15), Exide battery advertisement, Horseless Age 43 (2): 82, http://books.google.com/books?id=JFbmAAAAMAAJ&pg=PA6#
v=onepage&f=false Original artist: Electric Storage Battery Company
File:Thomas_Edison{}s_nickeliron_batteries.jpg Source: https://upload.wikimedia.org/wikipedia/commons/b/bd/Thomas_
Edison%27s_nickel%E2%80%93iron_batteries.jpg License: CC BY-SA 3.0 Contributors: Own work Original artist: User:z22