Omega Seiki signs MoU with Attero for recycling of EV batteries

This strategic alliance between OSPL and Attero extends beyond India, encompassing the ASEAN and African regions.

Autocar Pro News Desk By Autocar Pro News Desk calendar 06 Feb 2024 Views icon1198 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Omega Seiki signs MoU with Attero for recycling of EV batteries

Omega Seiki and Attero have signed an MoU for the recycling of EV batteries, where Attero will repurpose Omega Seiki's batteries for energy storage.

Omega Seiki plans to deploy EV batteries totalling over 1 GWH in the next 5 years, accompanied by a collective target with Attero to recycle over 100 MWh of batteries in the next 3-4 years, stated the press release.  This strategic alliance between OSPL and Attero extends beyond India, encompassing the ASEAN and African regions.

Attero’s cutting-edge facility can process 1,45,000 metric tons of E-Waste and 11,000 metric tons of Battery Waste annually which it plans to scale up to 15000 metric tonnes by February 2024.  

Uday Narang, Founder and Chairman of Omega Seiki  said, "Through our collaboration with Attero, we are aiming to not only propel advancements in EV technology but also to set industry benchmarks in conscientious battery waste management.”

Nitin Gupta, Chief Executive Officer and Co-founder of Attero said, "The improper disposal of Li-ion battery recycling is not only an environmental threat but also a wasted opportunity to extract rare materials."

Attero states it extracts battery-grade metals like cobalt, lithium carbonate, graphite, etc. with 98% efficiency. 
 

RELATED ARTICLES
SEG Automotive is strengthening India’s EV ecosystem with a myriad of innovative solutions’: Anil Kumar M R

auther Autocar Pro News Desk calendar21 Jul 2024

Innovations underscore SEG Automotive's commitment to advancing powertrain technologies that significantly reduce emissi...

Once More: Can Bajaj Auto repeat its CNG success?

auther Autocar Pro News Desk calendar21 Jul 2024

Bajaj Auto is once again venturing into new territory with the Freedom 125, the world's first CNG-powered motorcycle. Ca...

Arm Welders is diversifying to grow

auther Autocar Pro News Desk calendar21 Jul 2024

The welding equipment and automation specialist gears up for product and market expansion, even as it looks to bring all...