Press Launch – MG Motor India and LOHUM Collaborate for ‘Second Life’ EV Battery Answer
Launches first-of-its-kind undertaking for 2nd life EV battery for a sustainable surroundings
Introduces 5kWh Battery Power Storage System (BESS) as first product
Gurugram, June 05, 2023: MG Motor India, a British car model with a 99-year-old legacy, has joined forces with LOHUM, India’s largest producer of sustainable power transition supplies, to ascertain a complete ecosystem for the reuse, and life cycle administration of EV batteries. MG India and LOHUM partnership goals to develop the idea of second-life options for batteries, making certain their environment friendly utilization and contributing to the round financial system. The undertaking will harness the potential of used batteries by repurposing them as Battery Power Storage Merchandise (BESS), successfully extending their life cycle and optimizing useful resource utilization.
Below the collaboration, LOHUM will reuse end-of-first-life batteries of MG electrical automobiles to construct sustainable 2nd-life Battery Power Storage Techniques (BESS) for all kinds of fresh power functions in India’s city and rural panorama. LOHUM’s proprietary repurposing expertise can be used to maximise the potential of cells earlier than recycling, using wholesome cells excessive on Remaining Helpful Life (RUL) to construct sustainable 2nd-life BESS for all kinds of fresh power functions.
Rajeev Chaba, CEO Emeritus, MG Motor India, spoke on the partnership, stating, “At MG, we have now all the time believed in fostering innovation and sustainability. Battery power storage options (BESS) maintain immense potential to revolutionize India’s power panorama, with their versatile functions, affordability, and simple assist for native communities. By this India can unlock a future the place clear, dependable, and low-cost power storage turns into a actuality, empowering communities, households, and whole rural areas alike whereas driving sustainable growth and power independence for the nation.
Chaba additional added,” Our collaboration with LOHUM permits us to take a big transfer ahead in our dedication to sustainable mobility. By repurposing used batteries of our EV fashions, we not solely prolong their life cycle but additionally allow the supply of energy to important group centres. The clear want of the hour is a protected, viable and enduring provide of fresh power, and this strategic partnership is a step in the direction of the identical.”
Rajat Verma, Founder & CEO of LOHUM, shared his perspective on the partnership, saying, “LOHUM is delighted to affix palms with MG Motor India on this pioneering endeavour. By our experience in battery materials recycling and low-carbon refining, we’ll play a pivotal position in making certain the environment friendly utilization of MG’s EV batteries. By repurposing these batteries as BESS, we contribute to creating the clear power transition round and tackle the vital want for dependable energy provide in group centres. This collaboration represents a big step in the direction of sustainable growth and underscores our dedication to making a greener future.”
The preliminary providing beneath this partnership can be a 100% Off-Grid, 5kWh Battery Power Storage System (BESS) to fulfill the important power wants of city and rural India by fixing the end-of-life EV battery downside and organizing the battery waste sector. The BESS will present uninterrupted energy provide even in areas with unreliable grid infrastructure.
By repurposing used MG EV batteries into second-life power storage programs, MG Motor India and LOHUM are championing the ideas of the round financial system. The round financial system mannequin emphasizes the idea of lowering, reusing, and recycling sources to create a closed-loop system, minimizing waste and maximizing sustainability. By this partnership, the batteries that will have in any other case been discarded are given a brand new objective, contributing to a extra environment friendly and accountable use of sources.
About MG Motor India
Based within the UK in 1924, Morris Garages automobiles had been world-famous for his or her sports activities vehicles, roadsters, and cabriolet collection. MG automobiles had been a lot wanted by many celebrities, together with the British Prime Ministers and even the British Royal Household, for his or her styling, magnificence, and spirited efficiency. The MG Automobile Membership, arrange in 1930 at Abingdon within the UK, has hundreds of loyal followers, making it one of many world’s largest golf equipment for a automobile model. MG has advanced into a contemporary, futuristic, and modern model over the past 99 years.
MG Motor India’s state-of-the-art manufacturing facility in Halol, Gujarat, has an annual manufacturing capability of 1,20,000 automobiles and three,000 staff. Pushed by its imaginative and prescient of CASE (Related, Autonomous, Shared, and Electrical) mobility, the cutting-edge automaker has augmented across-the-board ‘experiences’ throughout the car phase immediately. It has launched a number of ‘firsts’ in India, together with India’s first Web SUV – MG Hector, India’s first Pure Electrical Web SUV – MG ZS EV, India’s first Autonomous (Stage 1) Premium SUV – MG Gloster, Astor- India’s first SUV with private AI assistant and Autonomous (Stage 2) expertise and MG Comet EV – The Sensible City Electrical Automobile.
About LOHUM:
LOHUM Cleantech is India’s largest producer of sustainable power transition supplies via recycling, repurposing, and low-carbon refining, and the one built-in battery recycling and reuse firm on the earth. Acknowledged as ‘The Most Revolutionary Firm of the 12 months 2022’ by The Confederation of Indian Trade (CII), LOHUM is dedicated to creating battery supplies final endlessly.
An engine of innovation, LOHUM’s R&D focus is driving sustainable local weather expertise. LOHUM’s NEETM™ Lithium-ion battery materials recycling and extraction expertise yields top-quality supplies and produces zero waste. Its DETX™ battery value index makes it straightforward to find out correct costs of battery supplies and offers ‘future’ buyback costs. LOHUM is slated to stop over 4 Million Tons of CO2e by 2026.
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