Lohum to offtake minimum 50MWh of second-use Li-ion battery modules annually from Mercedes-Benz Energy
Mercedes-Benz Energy and Lohum are pleased to announce a strategic partnership through a multi-year supply contract agreement for second-life batteries. Lohum is Mercedes-Benz Energy’s first partner in Asia as both companies continue to push sustainability across of the battery supply chain. This agreement includes Mercedes-Benz Energy and Lohum committing to a minimum offtake schedule of 50MWh per annum across multiple 2nd life module variants.
Lohum targets facility in USA after 4th plant in Greater Noida
Lohum CEO Rajat Verma targets facility in USA for upstream capacities after 4th plant in Greater Noida. Lohum is Mercedes-Benz Energy’s first partner in Asia to source lithium-ion battery for recycling and repurposing.
Lohum Partners With Mercedes-Benz Energy For Second-Use Li-Ion Battery Module Supply
Mercedes-Benz Energy and Lohum are pleased to announce a strategic partnership through a multi-year supply contract agreement for second-life batteries. Lohum is Mercedes-Benz Energy’s first partner in Asia as both companies continue to push sustainability across of the battery supply chain. This agreement includes Mercedes-Benz Energy and Lohum committing to a minimum offtake schedule of 50MWh per annum across multiple 2nd life module variants.