Mercedes-Benz Energy & Lohum Partner for 50 MWh of 2nd Use Li-ion Battery Modules

• The agreement is a multi-year supply contract agreement, under which Mercedes-Benz Energy as well as Lohum have committed to a minimum offtake schedule of 50 MWh per annum across multiple 2nd life module variants.

Mercedes-Benz Energy and Lohum have actually participated in a critical partnership for second-life batteries. The agreement is a multi-year supply contract agreement, under which Mercedes-Benz Energy and Lohum have committed to a minimum offtake schedule of 50 MWh per annum throughout multiple 2nd life module variants. Lohum is Mercedes-Benz Energy's initial partner in Asia.

The agreement make it possible for Lohum to safeguard high volumes of second-use battery modules from Mercedes-Benz Energy.

Lohum is a startup that supplies lithium-based Energy Storage Solutions and also develops second life applications mostly gone for the Indian fixed and non-auto flexibility storage markets. Movement applications include low-power applications such as the electric rickshaw and stationary applications range from little 6KWh batteries to bigger 1MWh storage systems. Mercedes-Benz looks into the growth of energy storage remedies and the assimilation of vehicle batteries in second life applications as well as spare parts storage. Both the firms concentrate on sustainability throughout the battery supply chain and also have been working together for near to 2 years.

As soon as the second life modules reach end of life, the startup provides a buy-back assurance to recycle them via its hydromet plant. On the other hand, Mercedes-Benz Energy has actually access to utilized inventory around the world.

" Lohum is thinking about second life in a very different way than the majority of firms," claimed Gordon Gassman, CEO of Mercedes-Benz Energy while adding, "Theirs is a genuinely lasting focus with a keen understanding that a person of the largest difficulties for 2nd life is the unpredictability of feedstock supply and also structure. Lohum is developing competence and applications throughout multiple module variants to develop a lasting supply channel. This flexibility as well as model unlocks value for both events and also defines the development and also reliability we seek in critical partnerships."

" Mercedes-Benz Energy's design for approaching 2nd life is the most innovative we have seen by far, "stated Justin Lemmon, Co-founder and Head of International Operations of Lohum. Along with their determination to regularly examine new chances for collaboration, they are developing facilities and capacities to optimize sustainability and also value for used supply. The company has deep item knowledge matched by an industry-shaping sales and logistics group. Second life stays really inceptive and Mercedes-Benz Energy's creativity, procedure and also commitment to safety and security has assisted us expand our organization dramatically."

Lohum, which declares to be India's largest producer of sustainable Li-ion battery resources with recycling, repurposing, and low-carbon refining, and the only integrated battery recycling as well as reuse firm in the world, has footprint in Asia incorporated as well as has actually set foot into the United States market. The twp companies remain to evaluate new collaboration possibilities throughout areas.

In Greater Noida, Lohum has 3 centers: a 2-GWh "redeem" recycling and also extraction plant and also 2 300 MWh dismantling as well as repurposing devices. Lohum is preparing to construct its fourth facility in Greater Noida especially to meet the increased demand with an objective to scale production capacity to 50,000 tonnes in the complying with 4-5 years.