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    BATTERY RECYCLING

    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.

    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.

    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.

    • 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.

      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.

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