Representational photo by Kevin Bhagat on Unsplash
Mercedes-Benz Energy has signed an agreement with battery recycler Lohum Cleantech for supplying second-life batteries. Under the deal, Lohum has committed to lifting a minimum of 50 MWh across multiple second-use modules annually from Mercedes-Benz Energy.
Once these second-life modules reach the end-of-life stage, Lohum offers a buy-back guarantee to recycle them through its hydromet plant.
The agreement will enable Lohum to secure high volumes of second-use battery modules from Mercedes-Benz Energy.
Lohum will be the first partner for repurposing EV batteries for Mercedes-Benz Energy in Asia. At present, Lohum repurposes battery applications primarily for the Indian stationery and non-auto mobility storage markets. Its mobility applications include low-power applications such as the electric rickshaw and stationary applications range from small 6-KWh batteries to larger 1-MWh storage systems.