a leading manufacturer of commercial cargo electric vehicles in India and Lohum,
India's largest producer of sustainable energy transition materials are pleased
to announce a strategic partnership aimed at addressing the critical challenge
of sustainable battery disposal in the electric vehicle (EV) industry. This
collaboration aims to promote responsible and environmentally friendly
practices within the electric mobility sector while minimizing the carbon
footprint of Altigreen's EVs.
the rapid growth of the EV market, the demand for batteries has surged,
resulting in a significant increase in battery waste. Recognizing the urgent
need for effective battery recycling solutions, Altigreen and Lohum have joined
forces to establish an innovative framework for achieving Alitgreen's
responsible battery disposal and recycling targets. Lohum as an Extended
Producer Responsibility (EPR) partner registered under India's Battery Waste
Management Rules (BWMR 2022) will enable Alitgreen to seamlessly meet these
this partnership, Lohum will recycle end-of-life batteries from Altigreen
electric vehicles via its NEETM technology, recovering 95% of high-purity
battery raw materials that can be used to manufacture new batteries. The
partnership will enable Lohum to recycle 1 GWh of Altigreen EV cargo vehicle
batteries over the next three years, contributing to a significant reduction in
battery waste and the efficient utilization of resources.
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