- Under this buyback programme, the company take back batteries from the market and harvest the good cells from them
- It is offering 10 per cent buyback cost to its electric vehicle (EV) OEM’s clients like electric Rickshaw and Electric two-wheelers manufacturers who can further offer this as a value addition to their customers
BatX Energies, has launched a Battery buyback programme, with an aim to contribute towards circular economy by recycling batteries. The company manufactures Lithium-ion batteries as well as recycle them.
Under this buyback programme, the company take back batteries from the market and harvest the good cells from them. It will do this by understanding the life and state of health of those cells and putting them back for stationary applications by developing Lithium-ion batteries for inverters and Solar Storage batteries.
In-house developed recycling and resource recovery process
It is offering 10 per cent buyback cost to its electric vehicle (EV) OEM’s clients like electric Rickshaw and Electric two-wheelers manufacturers who can further offer this as a value addition to their customers. It has an in-house developed recycling and resource recovery process which is capable of recovering lithium, nickel and cobalt upto 90 per cent purity added the company.
Vikrant Singh, Co-Founder and CTO of BatX Energies, said that, “refurbishing of lithium – ion batteries will play an imperative role in the growth of electric transportation industry. He added that with the Buy Back Battery Programme, it creates a secondary supply to meet the demand for critical battery materials through innovative recycling technology.
The company develops advanced Li-Ion battery solutions using first life and second life Li-Ion cells for various applications. It is also expert in Li-ion Battery Recycling and Resource Recovery.
