In Short : LOHUM, a leading lithium-ion battery manufacturer, and Log9, an advanced energy technology company, have joined forces to collaborate on sustainable electric vehicle (EV) battery solutions. This partnership signifies a strategic effort to enhance EV technology, improve battery efficiency, and promote eco-friendly transportation. By combining their expertise, LOHUM and Log9 aim to drive innovation in the EV battery sector, fostering the development of greener mobility solutions and contributing to the global push for sustainable transportation.
In Detail : This partnership aims to address the challenge of sustainable battery disposal in the electric vehicle (EV) industry by maximising the utility of LTO EV batteries through repurposing for renewable energy storage.
LOHUM, an Indian producer focused on sustainable energy transition materials achieved through recycling, repurposing, and refining, has unveiled a strategic collaboration with Log9, an Indian deep tech company specialising in advanced EV battery technology.
This partnership aims to address the challenge of sustainable battery disposal in the electric vehicle (EV) industry by maximising the utility of LTO EV batteries through repurposing for renewable energy storage.
The collaboration is made possible through LOHUM’s DETX™ platform, enabling accurate, transparent, and weighted battery asset trading decisions. Log9’s innovative chemistry-based financing approach plays a pivotal role in completing the circular economy of Lithium-ion batteries.
Vinay Iyer, VP – Finance, Log9, emphasised the tokenization of batteries and digitised ledger data to ensure accurate predictability of State of Health (SOH) for recyclers.
Pankaj Sharma, Co-Founder & Director, Log9, expressed their commitment to achieving net zero goals through responsible recycling and repurposing of EV batteries.
Rajat Verma, Founder & CEO, LOHUM, highlighted their focus on sustainable energy storage technologies and making the eMobility sector safer and more sustainable.