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REPURPOSED EV BATTERIES
OMC Power enters EV battery repurposing business in partnership with Honda Motors JapanOMC Power is entering the energy storage market by repurposing used electric vehicle batteries. The company is collaborating with Honda Mot...- Samsung SDI unit signs US battery deal worth over $1.36 billion for energy storage systemsSamsung SDI did not name the customer, describing it as an energy infrastructure development and operations company.
- Maxvolt Energy aims to triple Li-ion battery capacity to 2.25 lakh units, acquires land in GhaziabadLeveraging growing demand for lithium-ion batteries, Maxvolt Energy Industries prepares for a major expansion of its manufacturing plant.
- Samsung SDI says discussing supplying Tesla with ESS batteriesSamsung SDI is in discussions to supply Tesla with energy storage system batteries. This potential deal is valued at over two billion dolla...
- Honda Motor acquires stake in OMC Power to develop clean energy batteriesHonda Motor is entering India's clean energy sector. The Japanese automaker has taken an equity stake in OMC Power. Together, they will bui...
- VinFast partners BatX Energies for battery recycling, repurposing in IndiaVinFast has partnered with BatX Energies to recycle and repurpose high-voltage batteries in India, promoting a sustainable, circular batter...
- Debunking Myths: The game changing benefits of EVsEVs are increasingly recognized as a pivotal solution to the pressing environmental challenges faced both in India and globally. However, p...
- Battery recycling firm LICO Materials aims to triple revenue to Rs 100 cr in FY26: CEOLICO Materials aims to triple its revenue to over Rs 100 crore by FY26, leveraging the growing EV and energy storage demand in India. The c...
- LICO Materials opens battery recycling facility; to invest Rs 250 crore in hydrometallurgy bizLICO Materials launched a 4 GWh battery recycling plant in Bengaluru, aiming to boost India's EV adoption. The company plans to invest ₹250...
- JSW MG Motor, Vision Mechatronics to repurpose used EV batteries for large-scale energy storageJSW MG Motor India partners with Vision Mechatronics to repurpose used EV batteries for large-scale energy storage. The first project focus...
- How a Greater Noida firm is shaping the future of energy storage via circular economyVidyuta Materials has ventured into cathode active materials production to meet the rising demand for EVs and contribute towards India's go...
- JSW MG Motor to focus on unified charging platform, EV educationJSW MG Motor India announced new initiatives to support EV adoption, such as a charging platform and a battery reuse project. Collaboration...
- EV marketplace-financing startup Turno raises $6 million from BII, othersFounded in April 2022 by former Zoomcar C-suite executives Hemanth Aluru and Sudhindra Reddy, Bengaluru-based Turno provides financing solu...
- Recyclers look to collaborate with solar companies to give EV batteries a second lifeBattery recyclers and solar equipment manufacturers are collaborating to repurpose used batteries in solar applications. The Union governme...
- Omega Seiki partners with Attero for lithium-ion battery recyclingOmega Seiki Private Ltd (OSPL) has signed an agreement with Attero for recycling lithium-ion batteries. OSPL and Attero plan to recycle ove...
- Behind the scenes of a battery refurbishing business that's turning old batteries into new powerhousesBattery refurbishing is a sustainable and cost-effective solution for the future of energy storage. It reduces the demand for new batteries...
- Lohum partners MG Motor India for second-life EV battery solutionsIntegrated battery recycling and repurposing solutions provider Lohum on Monday said it has teamed up with MG Motor India to develop second...
- Commercial EV financing startup Turno raises $13.8 million in funding led by B Capital, Quona CapitalTurno, which claims to have a 20% market share in its segment, plans to utilise the funds to expand operations and build a proprietary batt...
- EV maker Okinawa to adopt government’s Open-BMSGovernment think-tank Niti Aayog, in collaboration with IITs, battery makers, the Department of Science and Technology, World Resources Ins...
- Battery tech startup Lohum raises $7 million, looks to raise $21 million moreBaring Private Equity Partners led the first institutional round of investment that fetched $7 million (Rs 51 crore) for Lohum. The company...
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