NEW DELHI–(WIRE WIRE)–Mercedes-Benz Power and Lohum are happy to announce a strategic partnership by way of a multi-year provide contract settlement for second-life batteries. Lohum is Mercedes-Benz Power’s first companion in Asia, and each firms proceed to drive sustainability all through the battery provide chain. This settlement contains Mercedes-Benz Power and Lohum’s dedication to a minimal traction program of 50MWh per 12 months throughout a number of 2.nd life module variants.
Mercedes-Benz Power and Lohum have been working collectively for about two years. The settlement will allow Lohum to safe high-volume second-use battery modules from Mercedes-Benz Power. Lohum improves 2nd life apps targeted totally on mounted and non-automated cellular storage markets in India. Mobility purposes embrace low-power purposes reminiscent of electrical rickshaws and stationary purposes starting from small 6KWh batteries to bigger 1MWh storage methods.
“Lohum thinks 2nd life may be very completely different from most firms,” I mentioned Gordon Gassman, CEO of Mercedes-Benz Power. “Theirs is really a long-term focus, with a eager understanding of what one of many largest challenges for two is.nd life is the unpredictability of uncooked materials provide and composition. Lohum develops experience and purposes in a number of module variants to create a long-term provide funnel. This flexibility and mannequin unlocks worth for each events and defines the innovation and reliability we search for in strategic partnerships.”
“2 upcoming fashions of Mercedes-Benz Powernd “Life is probably the most superior we have ever seen,” he mentioned. Justin Lemmon, Co-Founder and Head of Worldwide Operations, Lohum. Along with their willingness to frequently check new collaboration alternatives, they’re constructing infrastructure and capabilities to maximise sustainability and worth for used stock. The group has deep product data matched by an industry-shaping gross sales and logistics workforce. 2nd life simply retains evolving and Mercedes-Benz Power’s creativity, course of and dedication to security have helped us broaden our enterprise considerably.”
Additionally, as soon as these 2nd When the life modules expire, Lohum affords a buyback assure for recycling by way of the hydromet plant. Each firms wherever potential 2nd Life mixed with recycling affords one of the best resolution for sustainability and worth creation in the long term.
Mercedes-Benz Power has entry to used stock worldwide. Mixed with Lohum’s current footprint in Asia and its entry into the US market, firms proceed to grab new cooperation alternatives throughout areas.
About MBE – Mercedes-Benz Power affords revolutionary options within the worldwide EV battery-based battery storage market. As a pioneer in battery storage expertise, Mercedes-Benz Power has amassed in depth experience in utilizing EV batteries for stationary utility. As a completely owned subsidiary of Mercedes-Benz Group AG, options from Mercedes-Benz Power meet the best calls for when it comes to high quality, performance, reliability and security.
About Lohum
Lohum is India’s largest producer of sustainable Li-ion battery uncooked supplies by way of recycling, reuse and low carbon remedy and the one built-in battery recycling and reuse firm on the earth.
Acknowledged because the “Most Progressive Firm of the Yr 2022” by the Confederation of Business of India (CII), Lohum is devoted to creating battery supplies final ceaselessly. As an innovation engine, Lohum’s R&D focus helps sustainable local weather expertise.
Lohum’s Metelec™ Lithium-ion battery materials recycling and extraction expertise supplies the best high quality supplies and produces zero waste. The LOPI™ battery value index makes it simple to set correct costs for battery supplies and supplies ‘future’ buyback costs. Lohum is deliberate to forestall 4 Million Tons of CO2e by 2026.
