EV BATTERY RECYCLING
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.
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.
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.
Coconut power for EVs? How startups are racing to decarbonise batteries
With the world betting on electric vehicles, the need for greener batteries has become important to maintain the balance between development and sustainability.
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.
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.
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.
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.
Flood of used batteries could supercharge China’s electric car market
The most profitable EV batteries to recycle are made of lithium, nickel, cobalt and manganese. To extract the metals, the batteries have to be dismantled and shredded into what’s known as “black mass".
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