Lohum to set up a 3GWh capacity integrated Li-ion unit battery factory in Noida

The manufacturing and recycling factory will be set up within the next 18 months.

Lohum has recently announced that it will be setting up a 3GWh capacity single-location integrated Li-ion battery manufacturing and recycling factory in Greater Noida, Uttar Pradesh within the next 18 months. The integrated factory will integrate the battery manufacturing capacity of 1 GWh/ 1,000 MWh and 2GWh/ 2,000 MWh of recycling per annum.

At present Lohum operates two co-located factories of 300 MWh capacity for manufacturing and recycling Li-ion batteries. In order to further increase their refining efficiency, Lohum is also setting up a smaller recycling unit in Kandla, Gujarat.

According to Rajat Verma, Co-founder of Lohum,  “At this stage, our immediate goal is to expand our manufacturing as well as recycling capacity and we do have a very significant bowl. As India moves towards creating gigawatt-hour factories, the first and most important requirement will be feedstock. And that is where a company like Lohum steps in. It is because we have the expertise in recycling and reusing, that we are able to provide full-stack solutions to any automotive company out in the market.” He further added, “We have identified land parcels for this but at the same time, we will be setting up a smaller unit in the Kandla area for recycling perspective”. 

Lohum is the only integrated lithium-ion battery solution provider, in India and globally. The company operates in three verticals, one caters to the mobility segment, that is the two-wheeler and three-wheeler market; they have a stationary storage vertical, providing solutions to the UPS market, to the micro and mini-grid markets and the telecom sector. The third vertical is of chemicals business where they provide different kinds of extracted chemicals to intermediaries in the recycling process as well as final product manufacturers in the global ecosystem.

Photo Credit: www.lohum.com