LOHUM and Altigreen form strategic partnership for sustainable EV battery disposal, ET EnergyWorld

New Delhi: Sustainable energy transition materials producer, LOHUM and Altigreen, a manufacturer of commercial electric vehicles (EVs) in India, have announced a strategic partnership to tackle the pressing challenge of sustainable battery disposal in the EV industry. The collaboration aims to promote responsible practices and reduce the carbon footprint associated with Altigreen’s EVs.

As the demand for EV batteries grows rapidly, there is a corresponding increase in battery waste. Altigreen and LOHUM have come together to establish an innovative framework for responsible battery disposal and recycling, aligning with Altigreen’s sustainability objectives. LOHUM, registered as an Extended Producer Responsibility (EPR) partner under India’s Battery Waste Management Rules (BWMR 2022), will facilitate Altigreen in meeting its recycling targets seamlessly.

Within this partnership, LOHUM will employ its NEETMâ„¢ technology to recycle end-of-life batteries from Altigreen’s electric vehicles, recovering up to 95% of high-purity battery raw materials for the production of new batteries. Over the next three years, LOHUM plans to recycle 1 GWh of Altigreen EV cargo vehicle batteries, contributing significantly to reducing battery waste and optimizing resource utilization.

Dr. Amitabh Saran, Founder and CEO of Altigreen, expressed enthusiasm about the partnership, stating, “We are thrilled to partner with LOHUM to develop a comprehensive battery recycling program. This partnership will enable us to responsibly manage the end-of-life batteries from our electric vehicles, reducing waste and minimizing the environmental impact of our operations.”

Mr. Rajat Verma, Founder and CEO of LOHUM, added, “Through our battery recycling expertise, we aim to support Altigreen in their commitment to circular economy practices and contribute to the overall growth of the EV industry.”

  • Published On Jul 12, 2023 at 11:40 AM IST

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