Lohum plans $100 million CAPEX to expand second-life battery recycling, plots 10x capacity increase Lohum Cleantech, a firm that recycles and repurposes lithium-ion batteries, is betting big on its dual business plan. According to the company, it is the only one in the country that repurposes and recycles spent electric vehicle lithium-ion batteries. Lohum …
LICO and Karo Sambhav collaborate to recycle batteries LICO, a leading lithium-ion battery recycler, and Karo Sambhav, an industry leader in designing and implementing transformative Circular and EPR solutions, have signed a Memorandum of Understanding (MoU) to collect and recycle lithium-ion batteries while also strengthening India’s circular economy. With millions of electric vehicles (EVs) …
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India’s NMDC eyes WA lithium partnerships with Hancock Prospecting and others India’s largest iron ore miner is believed to be nearing an agreement with Gina Rinehart in WA lithium as the country seeks to rapidly scale up in battery minerals to support its ambitious electric vehicle plans. Executives from the Indian Government-owned NMDC (formerly …
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Here’s how EV batteries can be given a second life According to the International Energy Agency, over 300 million electric vehicles are expected to be on the world’s roads by 2030. The American EV market, on the other hand, is small. The United States will account for less than 10% of new global EV …
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Lohum and ACKO partner to recycle and reuse EV batteries under extended warranty insurance Lohum, a leading producer of sustainable energy transition materials, and ACKO, the tech-first insurer, have joined forces to recycle and reuse batteries in Bengaluru. This collaboration for EV battery insurance will include provisions for battery reuse and recycling. According to …
Why Recycling Lithium-ion Batteries Is Still the Need Of the Hour Transitioning to a green economy is a priority for many countries today, including India. Multiple factors have been coming together for India in its commitment to ecological sustainability, the most recent being the Geological Survey of India’s discovery of 5.9 million tonnes of …
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New lithium-ion battery recycling method that’s energy efficient and needs no added chemicals A lithium-ion battery is difficult to beat due to its high energy density and working voltage. However, current recycling requires temperatures above 1000°C or corrosive chemicals, as well as a significant amount of work sorting the batteries and excess waste before …
First made-in-India battery cell line for EVs unveiled by Log9 Materials Line of Log9 Battery Cells On April 21, 2023, Log9 Materials celebrated its eighth anniversary, and to commemorate the occasion, cofounder Pankaj Sharma announced the first made-in-India battery cell line for EVs. He referred to it as a revolutionary deep-tech movement. “It’s not every …
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CATL launches 500 Wh/kg condensed matter battery CATL, the Chinese battery giant, has introduced a new ultra-high energy battery technology aimed at aircraft, with an automobile cell in the works. The energy density of the “condensed matter” battery, a form of semi-solid state product with condensed electrolyte and novel anode and separator materials, will be …
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Electric Vehicles are costly, day by day the rising global inflation is adding up and making EVs more expensive. Manufacturers of EVs and their components have been working to lower the cost, simplify charging, and increase the viability of EVs to increase demand. But this scenario can easily be changed by Battery Swapping. According to …
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