BATTERY RECYCLING
Vedanta promoted Hindustan Zinc's shares jump 6% on MoU with US battery maker
Hindustan Zinc's shares surged 6% after signing an MoU with AEsir Technologies, Inc. for zinc supply, a key material for next-gen batteries. AEsir specializes in zinc battery tech, part of global energy transition efforts.
Hindustan Zinc and US-based AEsir Technologies join hands for developing Zinc batteries
Hindustan Zinc Limited signed an MoU with AEsir Technologies Inc, a US company specialising in Zinc battery technologies. Hindustan Zinc will supply Zinc to AEsir for Zinc-based batteries, offering higher power at lower costs with longer lifespans. This partnership aligns with Hindustan Zinc’s focus on sustainable metal production for the global energy transition. AEsir's Nickel Zinc batteries are used in defence, renewable energy, and critical infrastructure.
IGL to diversify into solar rooftop, battery recycling
"With the exponential growth being witnessed in the electric vehicle market, demand for batteries has risen significantly. Many rare earth metals go into battery manufacturing, so IGL thinks recycling them could be a lucrative option, especially when not many companies are doing it," said another senior industry executive.
Thefts of charging cables pose yet another obstacle to appeal of electric vehicles
Thieves targeting EV charging stations in cities like Seattle to steal copper wiring pose challenges for major automakers, charging companies, and EV owners. The thefts have led to increased security measures and collaboration with authorities to address the issue.
Used EV sales fail to take off: Why electric resale market lags
Electric vehicles (EVs), including scooters, cars, and commercial vehicles, are surprisingly unpopular in the used vehicle market and often sell for less than similar fossil fuel-powered models, according to EV experts. One major reason is the challenge of precisely determining an EV's remaining battery life. This is crucial because batteries can make up half the cost of a new EV, significantly impacting how much a used one is worth.
Hindalco raises FY25 capex target to ₹6,000 crore
Earlier this year, Hindalco said it would spend ₹5,000-5,500 crore on capex in FY25. In FY24, it spent about ₹4,200 crore.
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Kia unveils its 4th electric car, the EV3. Expected in India next year
Kia has unveiled the EV3, a new compact electric SUV with two battery options and advanced features. It will first launch in the international market before potentially entering India in 2025.
Attero plans to invest over Rs 8,000 crore in 5 years to ramp up e-waste, battery recycling capacity
"In the next five years, we will obviously be investing roughly around USD 1 billion overall, including all forms of capital -- debt, equity and sort of other non-diluted forms of capital," CEO and Co-Founder Nitin Gupta said.
India will soon have solar power waste to fill 720 Olympic-size swimming pools. It has to urgently find solutions.
The country is betting big on solar energy — and rightfully so. But it is not giving equal importance on managing or recycling the waste that would be generated.
Electric vehicles will start to cut emissions and improve air quality in our cities - but only once they're common
We would get more immediate benefit by focusing on electrifying buses, which are a surprisingly large source of air pollution, and finding ways to cut rapidly growing emissions from diesel trucks.
‘A damn hard thing to do’: Tesla co-founder JB Straubel takes on battery recycling
The company he built, Redwood Materials, is now the largest battery recycler in North America, and it’s using those recycled materials to manufacture complex battery components.
Battery recycling shatters the myth of EV waste
Traditional methods of ripping materials out of the ground and refining them for battery backs requires enormous amounts of energy. As a result, the initial carbon footprint of an EV is higher than a comparable internal combustion engine vehicle.Those upfront emissions are paid back over time with the superior efficiency of electric motors, leading to a 70% reduction in total emissions over the average life of the vehicle.
Expect capex for EV components to cross Rs 25,000 cr in next 3-4 years: ICRA
Icra forecasts Rs 25,000 crore investment by auto component industry in 3-4 years for electric vehicle parts, with a strong focus on enhancing EV production, localisation, and addressing manufacturing challenges.
MG Motor ties up with Epsilon Group for EV charging solutions, battery recycling
MG Motor India collaborates with Epsilon Group for EV charging and battery recycling. The partnership includes MoU with Power EV and LICO for Custom Charging technology and second-life expertise, enhancing charging infrastructure and circular economy. Gaurav Gupta leads the initiative.
Uttarakhand to get commercial plant for recycling lithium-ion batteries (LIB) and e-waste soon
TDB and a private entity collaborate to establish a recycling plant in Uttarakhand for lithium-ion batteries and e-waste, aiming to enhance circularity and reduce mineral reliance. The project also focuses on e-waste recycling and promoting a circular economy.
From waste to wealth: The economics of battery refurbishing
Battery refurbishment emerges as a key solution for environmental challenges, extending lead-acid battery life and reducing premature failures. This sustainable approach not only enhances battery performance but also offers cost-effective benefits, promoting environmental well-being.
Renault in advanced talks with partners to recycle batteries, says executive
Le constructeur automobile français Renault est en discussions avancées avec des partenaires potentiels pour extraire et recycler le lithium et d'autres métaux des batteries de véhicules électriques usagées. Renault vise à être le premier constructeur européen à recycler les batteries à grande échelle pour réutiliser des matériaux stratégiques.
Battery recycling firm Lohum raises $54 million in funding
Sources told ET that the funding happened at a valuation of around $500 million. Nearly 90% of the funding came in equity, with the rest being venture debt from Stride Ventures.
Lohum raises USD 54 million to fuel its market expansion
The company will use these funds to fuel its market expansion, scaling up recycling operations across India, and also expanding to new energy transition materials markets in North America, the EU, the Middle East, Africa, and Asia, it said.
India is installing solar powered EV charging stations. Will it work?
Solar EV charging stations are gradually making their way into the country. But can it be a long-term viable solution for wider EV penetration?
Recyclers look to collaborate with solar companies to give EV batteries a second life
Battery recyclers and solar equipment manufacturers are collaborating to repurpose used batteries in solar applications. The Union government's incentives for rooftop solarisation and focus on EV policies are driving this partnership, which aims to make recycled batteries fit for solar use on a larger scale.
Omega Seiki partners with Attero for lithium-ion battery recycling
Omega Seiki Private Ltd (OSPL) has signed an agreement with Attero for recycling lithium-ion batteries. OSPL and Attero plan to recycle over 100MWh of batteries in the next 3-4 years. The strategic alliance will cover the domestic market, ASEAN, and African regions. Attero will repurpose the batteries for energy storage, addressing the complete lifecycle of EV components. OSPL aims to deploy over 1-GWH of EV batteries and Attero targets the recycling of over 100 MWh in the next 3-4 years. This is important for India's sustainable approach to Li-ion battery recycling and to avoid environmental threats and waste of rare materials.
Over 60 battery, recycling, EV infrastructure firms to participate in Bharat Mobility Global Expo
"India is at the forefront of a transformative mobility revolution, and this expo serves as a testament to the nation's commitment to sustainable transportation," Rahul Walawalkar President, IESA and CES (Customized Energy Solutions) India said in the statement. The expo will showcase the diversity and innovation propelling emobility landscape, he added.
Behind the scenes of a battery refurbishing business that's turning old batteries into new powerhouses
Battery refurbishing is a sustainable and cost-effective solution for the future of energy storage. It reduces the demand for new batteries and decreases waste. The process involves screening batteries based on various factors like manufacturer information and physical conditions. Refurbished batteries provide a new life for old batteries, contributing to a greener future.
How battery recycling can help EVs to be truly green
Batteries of EVs after their usage need to be accurately managed to avoid them being harmful to the environment. One solution to this problem could be ‘Battery Recycling’ and ‘Battery Reusing’, if the battery cells are accurately processed. This opens up a platform where manufacturers of automobiles and EVs can extract valuable minerals and other materials through an effective battery recycling process.
From lithium-ion to solid-state: Battery innovations that can revolutionize the future of EVs
As the world becomes aware of the merit of sustainable mobility, innovations in EV battery technology continue to increase at a commendable rate. Advancements in battery technology, such as solid-state batteries, lithium-ion and lithium-sulphur batteries, and silicon anode batteries, are taking centre-stage in the industry. Battery manufacturers and EV makers are focusing on increasing battery energy density and fast charging features. They are also keenly navigating technological developments to boost battery longevity and facilitate recycling so that the masses can overcome the challenges in EV adoption.
Power from used batteries: How Bengaluru-based MiniMines can power 66-lakh EVs
A Bengaluru-based cleantech company says it can achieve 96% purity in extracting metals from used batteries. This would mean reduced import dependence for raw materials and a lower carbon footprint.
China may achieve circular economy in EV batteries before EU, US: study
Researchers conducted an analysis to find when the demand for the three most important raw materials for batteries -- lithium, cobalt and nickel - could be met entirely through recycling in Europe, the US and China and when a completely circular economy would be possible in this segment in these regions.
THDCIL, IIT-Delhi ink MoU to further research in green hydrogen, recycling, EVs
THDC India Limited (THDCIL) and IIT Delhi have signed an agreement to collaborate on research and development activities related to electric vehicle batteries, green hydrogen, geothermal technology, and waste management and recycling. The partnership will involve research studies, pilot projects, and consulting engagements led by faculty members.
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