Lohum

In a world racing towards electrification, from scooters to planes, lithium-ion (Li-ion) batteries have become the backbone of clean energy storage. The surge in electric vehicles (EVs) and renewable energy solutions has fueled a rapidly growing demand for these batteries. However, this growth brings a critical challenge: how to sustainably manage the lifecycle of Li-ion batteries and ensure the secure supply of critical minerals. By 2030, analysts predict over 2 million metric tonnes of Li-ion batteries will retire annually, equating to half a million vehicles. With this massive wave of battery retirements, the need for effective recycling and reuse strategies is more pressing than ever. As a global leader in Li-ion battery recycling and reuse, LOHUM is dedicated to closing the loop on battery materials, contributing to a circular economy, and minimizing the environmental impact of battery disposal. Challenges and Opportunities in Battery Recycling Current recycling processes, ...

As the world accelerates towards electrified mobility, the demand for lithium-ion batteries (LIBs) is skyrocketing. From electric vehicles (EVs) to renewable energy storage, LIBs power much of our modern technology. However, meeting this demand solely through traditional mining is not sustainable. At LOHUM, we recognize that recycling and reuse are key to ensuring a circular economy for lithium-ion batteries, positioning us as a leader in sustainable battery management. The Growing Need for Recycling By 2030, analysts predict that more than 2 million metric tonnes of EV batteries will reach the end of their life annually. With electric vehicles still representing a small fraction of the overall market, this figure will only rise as EV adoption continues to grow. The manufacture of Li-ion battery systems requires critical minerals like cobalt, nickel, and lithium, whose prices are highly volatile—fluctuating by as much as 300% in a single year. Traditional mining not only struggles ...