Powering the Circular Economy: The Urgency and Opportunity in Recycling EV Batteries
As the world races towards electrification, from two-wheelers to trains and grid-scale energy storage, lithium-ion batteries are taking center stage. With their unmatched performance, these batteries are not just powering vehicles—they are propelling the clean energy transition. However, with this accelerated deployment comes a pressing question: What happens when these batteries reach the end of their first life? At LOHUM , we believe that the solution lies not just in innovation, but in sustainability. Our mission is to power the world sustainably through circular energy solutions, and at the heart of that mission is battery recycling and reuse . The Growing Challenge of EV Battery Waste The surge in electric vehicle (EV) adoption globally is rewriting the rules of transportation. Analysts predict that by 2030, over 2 million metric tonnes of EV batteries will be retired annually, representing more than half a million vehicles per year . In India alone, where EV adoptio...