He led the development of lithium-ion technology for e-mobility at Exide and broadened the company’s reach in Southeast Asia.
Lohum has named Arun Mittal as its new Chief Executive Officer, with the appointment taking effect immediately. Mittal joins Lohum from Exide Energy, where he held the positions of managing director and CEO. He brings with him a wealth of experience spanning nearly thirty years in the battery industry.
During his tenure at Exide, Mittal was at the forefront of pioneering lithium-ion technology for electric mobility applications and played a key role in broadening the company’s reach in Southeast Asia.
Mittal expressed his dedication to propelling Lohum’s mission forward, emphasizing his commitment to enhancing material circularity and promoting energy sustainability as the company enters its next phase of growth.
He is also affiliated with professional bodies such as the Institute of Company Secretaries of India (ICAI) and The Institute of Cost Accountants of India (ICMAI).
Lohum is on an upward trajectory, having announced investment plans amounting to Rs 1,000 crore to develop and produce cutting-edge ‘Manganese-rich’ LMFP Lithium-ion batteries over the coming three years. This year, the company also enlisted Chaitanya Sharma, a former Tesla expert, to lead the development of advanced manganese-based lithium-ion batteries.
As a Series B-backed enterprise focusing on battery recycling, raw material refining, and battery repurposing, Lohum has secured multiple agreements this year with international companies to boost its growth. Notably, LOHUM Cleantech Ltd has inked a Memorandum of Understanding with ReElement Technologies Corporation and American Metals to establish a comprehensive facility dedicated to battery recycling, repurposing, and the production of essential materials. Additionally, it has entered into an electric vehicle battery futures contract with Stride Green and a black mass offtake agreement with the UK-based Recyclus Group, a subsidiary of Technology Minerals. According to the agreement, Recyclus will supply black mass from its large-scale lithium-ion battery recycling plant in Wolverhampton to Lohum’s operations in India.
