Lohum and ACKO partner to Recycle and Reuse batteries covered under EV Extended Battery Warranty Insurance
Lohum, India’s largest producer of sustainable energy transition materials, and ACKO, the tech-first insurer, join hands to recycle and reuse batteries that will lead to faster adoption of Electric Vehicles in India.
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.
Glencore & Lohum partner to produce Lithium for Battery Manufacturing
Lohum, India’s largest lithium-ion battery lifecycle management firm and Glencore, one of the world’s largest globally diversified natural resource company today, announced a strategic partnership to advance circularity in the Li-ion battery supply chain. Under the alliance, Lohum will supply Glencore with 10,000 MT of specialty chemicals for the battery supply chain over the next five years, including cathodes, sulphates, carbonates, and oxides of various metals extracted from spent batteries and other sources.