In addition, players like LOHUM Cleantech are also aiming to expand their operations and in turn output key battery materials required for electric vehicles. Going forward, Verma says in the next 3 years, the idea for LOHUM Cleantech is to invest over $100 million (Rs 824 crore) to increase capacity by 10X and revenue by 2.5x.
The 15.5-GWh fully integrated battery recycling, repurposing, and critical material production plant is expected to initially cater to over 315,000 electric vehicles annually with continued growth based on feedstock availability, besides creating 250 green jobs, Lohum Cleantech said.
New Delhi, December 11, 2023: – LOHUM Cleantech, India''s leading producer of sustainable energy transition materials, is excited to announce its expansion into the UAE market to build the UAE''s first EV Battery Recycling plant through a partnership agreement with the Ministry of Energy & Infrastructure, UAE, and BEEAH, the Middle East''s sustainability and digitalisation
LOHUM Cleantech Private Limited, Plot No. D-7 & 8, Site 5th, Kasna Industrial Area, Greater Noida, Gautam Budh Nagar, Uttar Pradesh – 201308 LOHUM Dismantling Facility LOHUM Cleantech Private Limited, Plot No. O-17, Site 5th, Kasna Industrial Area, Greater Noida, Gautam Budh Nagar, Uttar Pradesh – 201308
Rajat Verma, Founder & CEO of Lohum Cleantech, said, "We are seeing immense growth opportunities both in India and globally and strengthening our leadership team for the upcoming energy transition developments.We
Lohum is Mercedes-Benz Energy''s first partner in Asia to source lithium-ion battery for recycling and repurposing. One of India''s largest producers of lithium-ion battery raw materials through recycling, repurposing, and low-carbon refining, Lohum is an integrated battery recycling and reuse company that has become the first partner for Mercedes-Benz Energy in Asia.
LOHUM Cleantech Private Limited, Plot No. D-7 & 8, Site 5th, Kasna Industrial Area, Greater Noida, Gautam Budh Nagar, Uttar Pradesh – 201308 LOHUM Dismantling Facility LOHUM Cleantech Private Limited, Plot No. O-17, Site 5th, Kasna Industrial Area, Greater Noida, Gautam Budh Nagar, Uttar Pradesh – 201308
Rajat Verma''s LOHUM Cleantech in Delhi stands out in two respects. One, in addition to making ''first life'' or new batteries, the entrepreneur is also building a strong line of business out of ''second life'' batteries — separating out the still viable cells from used batteries and repurposing them into batteries for suitable lower
LOHUM is a leading organization in the field of battery recycling and second-life solutions for lithium-ion batteries (LIBS). The company is among very few Indian LIB lifecycle management firms currently refining the black mass locally to recover valuable battery raw material.Rajat Verma, the Founder & CEO of LOHUM, is spearheading their efforts.
New Delhi; September 28, 2023: LOHUM, India''s largest producer of sustainable energy transition and battery materials through integrated recycling, repurposing, and refining, has become the first company outside of China and one of 5 companies globally to produce Lithium in its pure metallic form at scale. This innovation is the realization of over two years of R&D efforts by the
India''s LOHUM Cleantech gives a new lease of life to used EV batteries through its reuse technology, making battery materials last forever through Lithium-ion battery recycling. Auto Futures recently caught up with Rajat Verma, Founder and CEO, LOHUM Cleantech. "If we only trade one problem for another then we have failed.
Speaking on the win, Rajat Verma, Co-Founder and CEO, LOHUM Cleantech said, "The CII Innovation Awards experience has reinforced our team''s shared drive to be at the forefront of lithium-ion battery raw
Speaking on the win, Rajat Verma, Co-Founder and CEO, LOHUM Cleantech said, "The CII Innovation Awards experience has reinforced our team''s shared drive to be at the forefront of lithium-ion battery raw materials research and enable energy security for our nation." LOHUM is building a zero-waste supply chain to power the entire industry.
This agreement includes Mercedes-Benz Energy and LOHUM committing to a minimum offtake schedule of 50MWh per annum across multiple 2nd life module variants. Mercedes-Benz Energy and LOHUM have been working together for nearly two years. The agreement will enable LOHUM to secure high volumes of second-use battery modules from
This agreement includes Mercedes-Benz Energy and LOHUM committing to a minimum offtake schedule of 50MWh per annum across multiple 2nd life module variants. Mercedes-Benz Energy and LOHUM have been
Battery manufacturing and recycling startup Lohum Cleantech sees its revenue growing three times to over Rs 300 crore in the current financial year. In an exclusive interview with ETEnergyworld, Founder & CEO Rajat Verma says this growth rate is likely to continue for the next few years, while the company sets up two new facilities in Greater
Baring Private Equity Partners-backed Lohum Cleantech Pvt Ltd is betting big on the rapidly-growing EV battery market. The Noida-headquartered company, founded in 2018, is today commanding 70 per cent
Rajat Verma, Founder & CEO of Lohum Cleantech, said, "We are seeing immense growth opportunities both in India and globally and strengthening our leadership team for the upcoming energy transition developments.We welcome the three industry change-makers to Lohum, and together we aim to witness the next level of growth for the organization,
LOHUM Cleantech Private Limited, Plot No. D-7 & 8, Site 5th, Kasna Industrial Area, Greater Noida, Gautam Budh Nagar, Uttar Pradesh – 201308 LOHUM Dismantling Facility LOHUM Cleantech Private Limited, Plot No. O-17, Site 5th, Kasna Industrial Area, Greater Noida, Gautam Budh Nagar, Uttar Pradesh – 201308
Buy LOHUM''s low carbon range of lithium ion battery raw materials offering sustainable solutions for manufacturing and eco-friendly production processes. LOHUM Cleantech Private Limited, Plot No. D-7 & 8, Site 5th, Kasna Industrial
New Delhi: India''s largest producer of sustainable critical minerals Lohum Cleantech Ltd has entered into a joint venture with US-based ReElement Technologies Corporation and American Metals LLC to establish the United States'' first fully integrated battery recycling and critical material production facility. The partnership aims to build a 15.5 GWh
Lohum - Develper of Li-ion battery packs for multiple categories of vehicles. Raised a total funding of $114M over 10 rounds from 102 investors. Toggle navigation LOHUM CLEANTECH PRIVATE LIMITED. Mar 18, 2018. $38.4M (as on Mar 31, 2023) $1.11M (as on Mar 31, 2023) 935. Get your free copy of Lohum''s company profile.
Addressing the development, Rajat Verma, Founder & CEO of LOHUM expressed:- "As LOHUM expands its presence in North America, we welcome this opportunity to partner with ReElement and American Metals, companies that share LOHUM''s goals of ''making battery materials last forever.
Join LOHUM''s commitment to eco-conscious practices with an end-to-end lithium battery recycling solution. Making energy transition materials last forever. LOHUM Cleantech Private Limited, Plot No. D-7 & 8, Site 5th, Kasna Industrial Area, Greater Noida, Gautam Budh Nagar, Uttar Pradesh – 201308.
Indian cleantech leader targets international growth with fresh funding. LOHUM, India''s leading producer of sustainable materials for the energy transition through battery recycling and repurposing, has secured $54 million
Robin Brundle, Chairman of Technology Minerals and Director of Recyclus, said: "We are delighted to secure our first black mass offtake agreement with Lohum Cleantech, India''s largest producer of sustainable energy transition materials. It is a strong endorsement for our battery recycling process and demonstrates the demand for black mass, which contains
LOHUM Cleantech Private Limited, Plot No. D-7 & 8, Site 5th, Kasna Industrial Area, Greater Noida, Gautam Budh Nagar, Uttar Pradesh – 201308 LOHUM Dismantling Facility LOHUM Cleantech Private Limited, Plot No. O-17, Site 5th, Kasna Industrial Area, Greater Noida, Gautam Budh Nagar, Uttar Pradesh – 201308
Lohum Cleantech Private Limited is a Private incorporated on 19 March 2018. It is classified as Non-government company and is registered at Registrar of Companies, ROC Delhi. Its authorized share capital is Rs. 2,000,000 and its paid up capital is Rs. 1,227,152.
Lohum Cleantech, a producer of clean energy transition materials through battery recycling and repurposing, has raised Rs 119 crore (approximately $14.5 million) as a part of its ongoing Series B round.
By Arbind Gupta. Assistant Editor, Business India Baring Private Equity Partners-backed Lohum Cleantech Pvt Ltd is betting big on the rapidly-growing EV battery market. The Noida-headquartered company, founded in 2018, is today commanding 70 per cent share in the lithium-ion battery recycling space through its patented technologies.
Lohum supplies Glencore with 10,000 tonnes of speciality chemicals for the battery supply materials of worth $200 million as part of the partnership. Lohum is Mercedes-Benz Energy’s first Asian partner for lithium-ion battery recycling and repurposing schedule of 50MWh per annum.
“LOHUM has evolved from a second-life battery provider to a full-fledged material manufacturer, particularly for nickel, cobalt, and pre-CAMs. We were impressed by their global vision and their ability to establish themselves as a leader in complete battery lifecycle management.”
LOHUM is India’s largest producer of sustainable energy transition materials, and the only integrated battery material recycling, reuse, and low-carbon refining company in the world. We are also a green ecosystem employer that revels in building careers that empower ambition, enrich lives, and excite passion!
Serving Earth: our focus. Our cutting edge technology is our pride, but it is meant to serve the sustainable energy security needs of the world. At Lohum, low carbon and carbon neutral comes before profit. Every day is the first day for learning. We encourage our team to retain the curiosity and openness of their first day at Lohum.
We are deeply committed to excellence in all our endeavors.
Since we maintain control over our products, our customers can be assured of nothing but the best quality at all times.