Lohum: The Future of Sustainable Battery Recycling and Reuse

Lohum: The Future of Sustainable Battery Recycling and Reuse – Lithium-ion batteries are the power source of the modern world. They are used in everything from smartphones and laptops to electric vehicles and renewable energy systems. However, lithium-ion batteries also pose a serious environmental challenge. According to a report by the World Economic Forum, by 2030, there will be 11 million tons of lithium-ion battery waste generated globally. This waste contains valuable and scarce metals such as lithium, cobalt, nickel, and manganese, which are essential for the production of new batteries. Moreover, this waste can also cause soil and water pollution, fire hazards, and greenhouse gas emissions if not handled properly.

How can we solve this problem and create a circular economy for lithium-ion batteries? The answer is Lohum, a company that recycles and repurposes lithium-ion batteries for various applications.

Lohum

Details of the startup:

  • CITY : Noida
  • STATE : Uttar Pradesh
  • STARTED IN : 2018
  • FOUNDERS : Arul Kamal Mehra, Justin Lemmon, Rajat Verma and Supriya Srivastava
  • NUMBER OF INVESTORS : 2
  • LATEST ROUND INVESTMENT : ₹1909.69M
  • TOTAL INVESTMENT : ₹4139.92M
  •   TOTAL SECURED LOANS AVAILED : ₹100.20M

You can find their website here

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 What is Lohum?

Lohum is a company that was founded in 2018 with a vision to create a ‘technology agnostic integrated battery ecosystem’ that will significantly impact ‘clinical outcomes’ and bring certainty to fertility and cancer care. Lohum recycles and repurposes lithium-ion batteries using advanced technology and processes. Lohum recovers and recirculates the critical battery raw materials such as lithium, cobalt, nickel, and manganese, and reduces the dependency on mining and imports. Lohum also reuses the second-life batteries for energy storage and low-power e-mobility applications, such as home and office backup systems, two-wheelers and three-wheelers, etc. Lohum aims to provide a sustainable, affordable, and efficient solution for battery recycling and reuse, and to create a zero-waste battery materials supply chain.

 How does Lohum work?

Lohum works in four steps:

  • Collection: Lohum collects the used or scrap lithium-ion batteries from various sources, such as OEMs, dealerships, recyclers, consumers, etc. Lohum also offers incentives and rewards for battery collection and ensures proper transportation and storage of the batteries.
  • Sorting: Lohum sorts the batteries based on their chemistry, capacity, condition, and potential for reuse. Lohum uses artificial intelligence and machine learning to analyze the battery data and determine the optimal recycling or repurposing strategy.
  • Recycling: Lohum recycles the batteries that are beyond reuse using its proprietary NEETM technology, which is a low-carbon and high-efficiency extraction process. Lohum recovers up to 95% of the battery raw materials, such as lithium, cobalt, nickel, manganese, and graphite, and produces high-purity battery metals and chemicals that are ready for use in the production of new batteries.
  • Repurposing: Lohum repurposes the batteries that have some residual capacity and life left using its proprietary DETX index, which is a real-time valuation tool that assesses the salvage value and second-life applications of the batteries. Lohum reassembles the batteries into new packs and modules that are suitable for energy storage and low-power e-mobility applications.
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 Why choose Lohum?

Lohum offers many benefits that make it the best choice for battery recycling and reuse. Some of them are:

  • Environmental impact: Lohum reduces the environmental impact of lithium-ion batteries by preventing them from ending up in landfills or incinerators, and by reducing the carbon footprint and water consumption of battery production. Lohum also helps to mitigate the climate crisis by supporting the transition to clean energy and e-mobility.
  • Economic impact: Lohum reduces the economic impact of lithium-ion batteries by lowering the cost of battery materials and energy storage, and by creating new revenue streams and job opportunities. Lohum also helps to enhance the energy security and independence of India and other developing countries by reducing the reliance on imports and mining of battery raw materials.
  • Social impact: Lohum creates a social impact by empowering the communities and stakeholders involved in the battery value chain, such as collectors, recyclers, manufacturers, consumers, etc. Lohum also educates and raises awareness about the importance and benefits of battery recycling and reuse.
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  How to contact Lohum?

If you are interested in recycling or reusing your lithium-ion batteries with Lohum, you can visit their website or contact them at info@lohum.com. You can also call them at +91 63975 10047 or chat with them on WhatsApp. You can also follow them on LinkedInand for the latest updates and offers.

Lohum is the future of sustainable battery recycling and reuse. Whether you want to recycle or reuse your lithium-ion batteries, you can join the Lohum community and make a positive impact on the environment, economy, and society. Recycle or reuse your batteries today, and be part of the circular battery revolution. 😊

 

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