RecycleKaro has partnered with Bajaj Auto to recycle lithium-ion batteries. Under this collaboration, Recyclekaro will utilise its Hydrometallurgy technology to recycle used batteries from Bajaj Auto vehicles. This advanced Hydrometallurgy technique enables the recovery of 95 per cent of pure battery materials such as cobalt, lithium, nickel, and manganese, which can then be reused in the production of new batteries.
This partnership marks a significant achievement in the pursuit of responsible battery disposal and the conservation of resources. It is anticipated that this partnership will recycle 500 metric tonnes of used batteries each year. This effort will not only decrease battery waste but also make more efficient use of resources, in line with global sustainability objectives and the principles of a circular economy. This partnership will further help in tackling the growing problem of battery disposal, emphasising the crucial need for sustainable practices within the automotive industry.
Recently, in October 2023, LOHUM and Log9 announced a collaboration for addressing the pressing issue of sustainable battery disposal within the electric vehicle sector. The objective is to repurpose these batteries, even after their initial life cycle ends to create innovative solutions for storing renewable energy.