Mercedes Benz Energy, Lohum sign pact for recycling used batteries

Mercedes-Benz Energy and Noida-based Lohum CleanTech have announced a strategic partnership to repurpose EV batteries. Lohum is committed to provide a minimum of 50MWh using repurposed batteries from e-rickshaws and other non-automotive applications.

The agreement will enable Lohum consistent volumes of second-use batteries from Mercedes-Benz Energy (MBE), which it will recycle through its hydromet plant once they reach the end of its life-cycle.

Lohum currently has the ability to recycle 100,000 battery packs, and additionally, accumulate 200,000 two-wheeler battery packs at its Noida facility.

Gordon Gassman, CEO of MBE has said that Lohum is keen on the 2nd life of batteries, and that they are developing applications across multiple module variants to create a long-term supply funnel. This has created a perfect fit for MBE to have Lohum as their strategic partner in battery recycling.

"This flexibility and model unlocks value for both parties, and defines the innovation and reliability we seek in strategic partnerships," Gassman said. Lohum's 2nd life, combined with recycling, offers the best solution for sustainability and value creation in the long term.

The battery lifecycle management company is MBE’s first partner in Asia as both companies continue to push sustainability across the battery supply chain.

Justin Lemmon, co-founder, and Head of International Operations of Lohum, also highlighted that in addition to their willingness to regularly test new opportunities for collaboration, the battery lifecycle management company is creating infrastructure and capabilities to maximise sustainability and value for used inventory.

“Mercedes-Benz Energy’s model for approaching 2nd life is the most advanced we have seen by far," said Lemmon.

MBE has access to used inventory across the globe. With Lohum’s current footprint in Asia, combined with its entrance into the US market, both companies will continue to evaluate new collaboration opportunities across regions.