Announcing the expansion plans, Exide’s MD and CEO Gautam Chatterjee He said the new battery plant inaugurated on Monday has been built China car batteries in collaboration with US-based East Penn Manufacturing with a capital investment of Rs 700 crore. West Bengal Chief Minister Mamata Banerjee. Leading battery maker Exide Industries will invest Rs 420 crore for manufacturing state-of-the-art batteries for two-wheelers and for setting up a smelting plant in Haldia. On the Centre’s demonetisation decision, the industrialist said the move has affected the motorcycle batteries market with sales dipping by 30 per cent in December, although sales in the replacement market and of four-wheeler batteries have not been impacted.Mamata Banerjee announced that the government would provide 25 acres of land to Exide for the plant.He added that problems involving lithium-ion batteries used in not just smartphones, but also laptop computers, have been around for years and there's no easy fix for them. The problems involving lithium-ion batteries used in not just smartphones, says IDC analyst."These reports tend to cluster," he said. Manufacturing defects or even a small amount of damage can cause a short circuit, resulting in an overheated battery and potentially a fire. The model is different from the Galaxy Note 7 that has been recalled worldwide.The phone then caught fire and the back blew off. Paris: A Samsung phone user in France says her Galaxy J5 smartphone caught fire and exploded on November 6.