Leading the Charge Towards Sustainable Battery Solutions and Net Zero Goals
In a groundbreaking development, LOHUM, India’s leading producer of sustainable energy transition materials via recycling, repurposing, and refining, has joined forces with Log9, a pioneering Indian Deep Tech company specializing in Advanced EV battery technology. The collaboration aims to address the critical challenge of sustainable battery disposal in the electric vehicle (EV) industry and advance India’s transition towards Net Zero materials.
Key Highlights:
- LOHUM and Log9 are partnering to tackle the critical challenge of sustainable battery disposal in India’s rapidly growing EV industry.
- Log9’s Lithium-ion LTO (Lithium Titanate Oxide) batteries, known for their longer cycle life, faster charge times, higher thermal stability, and overall safety, will be a focal point of this partnership.
- The collaboration leverages LOHUM’s DETX™ platform for battery asset trading, providing accurate and transparent insights into battery material trade.
- Log9’s innovative chemistry-based financing in EVs, focusing on LTO batteries, plays a pivotal role in this partnership by ensuring a circular economy of Lithium-ion batteries.
- LOHUM, as an Extended Producer Responsibility (EPR) partner registered under India’s Battery Waste Management Rules (BWMR 2022), will enable Log9 to meet material recovery targets seamlessly.
Statements from Key Figures:
PANKAJ SHARMA, CO-FOUNDER & DIRECTOR, LOG9, expressed, “Our aspiration at Log9 is aligned with India’s commitment to achieving Net Zero goals and contributing to a sustainable planet. Through Lohum’s DETX platform, we play a vital role in this journey by responsibly recycling and repurposing EV batteries, ensuring a zero carbon footprint.”
Rajat Verma, Founder & CEO of LOHUM, added, “We are looking forward to maximizing the sustainability of Log9’s revolutionary and safe LTO Li-ion battery technology. Together, we will contribute to making a safer eMobility sector for India, accelerating the adoption of sustainable and hazard-free solutions for EVs and stationary energy storage.”
This strategic partnership between LOHUM and Log9 is not only accelerating the EV landscape in India but also setting the groundwork for a cleaner, safer, and energy-abundant world powered by sustainable energy storage systems and low-carbon eMobility. Stay tuned for more updates as these two industry leaders work towards a greener future.