Altigreen and LOHUM join hands to recycle batteries

Cargo electric vehicle maker Altigreen has joined hands with LOHUM to minimizing its carbon footprint by recycle end-of-life batteries.

"With 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," Altigreen said in a statement.



Under 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, the press released added.


Dr. Amitabh Saran, Founder and CEO of Altigreen, commented, "We are thrilled to partner with LOHUM to develop a comprehensive battery recycling program. At Altigreen, we believe that sustainability is at the core of our mission. This partnership will enable us to responsibly manage the end-of-life batteries from our electric vehicles, reducing waste and minimizing the environmental impact of our operations."


Rajat Verma, Founder and CEO of LOHUM, commented, "We are excited to work with Altigreen Propulsion Labs, a company that shares our vision for a greener and more sustainable future. Through our battery recycling expertise, we aim to support Altigreen in their commitment to circular economy practices and contribute to the overall growth of the EV industry."