• Home
  • EV News
  • EV Blogs
  • Podcast
  • Videos
  • Vehicles
    • Sales
    • Electric Cars
    • Tata Electric Cars
    • Electric Scooters
    • OLA Electric
    • Electric Cycles
    • Electric MotorCycles
    • Electric Cargo Vehicles
    • Campus Vehicles
  • Categories
    • Community Charging
    • Buyer's Guides
    • Real Life EV Stories
    • How To Guides
    • EV Test Reports
    • EV Travelogues
    • EV Conversions
    • Events
    • Educate
  • About Us
  • Community
    • Discord
PluginIndia Electric Vehicles

India’s largest battery recycling company plans to enter EV battery business

2/7/2021

2 Comments

 
Gravita India Ltd., India’s largest battery recycling company, is entering into the electric vehicle battery recycling business.They have identified a few potential companies that could provide the technology for recycling lithium-ion batteries.
Gravita India's CEO Yogesh Malhotra said that they are going to enter the EV battery recycling business. According to the company the demand for Li-ion batteries is going to increase in the next 6 to 7 years and the company wants to be ready for it.

Currently, 87 percent of Gravita India’s business comes from recycling lead batteries and the rest is from plastic and aluminum recycling. It plans to increase business from segments other than lead to about 25 percent.

Malhotra said the government’s increased focus on recycling has helped to improve the availability of raw material domestically. With the implementation of the Battery Waste Management Rules, battery companies have increased their share of recycling through authorised recyclers which has significantly boosted the availability of raw material in the domestic market. The dependance on imported scrap is easing and over the next few years, the ratio of scrap from imports to domestically recycled material will be 30:70, from the current levels of 70:30. The reduction in scrap imports will improve the company’s working capital, which stands at Rs 200 crore at present.

The company has plans for increasing their recycling segments too.

“We already have recycling facilities in Jaipur, Jammu, Gandhidham and Chittoor in Andhra Pradesh. After the establishment of this plant, imported raw material will be recycled in Mundra and will be exported back from there,” Malhotra said. “Scrap from Africa, which was earlier imported to India, will now be consumed by our four African recycling facilities in Ghana, Tanzania, Senegal and Mozambique, resulting in further savings in logistic costs and reduction of the working capital cycle.”
Picture
Picture

PluginIndia's Take

So Gravita India Ltd. is a Jaipur based giant Indian Multinational Company having been in the Lead Acid battery recycling business and has customer presence in more than 50 countries. To see such a large company investing in Lithium battery recycling is fantastic.

Lithium battery recyling is not an issue now for next 4-5 years but will be relevant in the later part of this decade and we are happy to know that Gravita and other players will play a key role.When it comes to a circular economy, the best example is recycling Lithium cells. Companies are able to extract more than 90% of Lithium, Graphite, Copper and other materials from used cells.

Ultimately the goal is to develop a circular battery supply chain with recycling which will supplying the raw materials back to the cell manufacturer thus eliminating the need for expensive mining.
This kind of circular economy is a beautiful thing. Lets hope we see this happen in the coming decade.

Subscribe to PluginIndia on YouTube to follow the Indian EV Industry and EV Community. Also subscribe to our podcast.
2 Comments
Dushyant Sharma
2/3/2022 06:04:13 pm

Need battery recycling plant

Reply
Asif khan
10/4/2022 10:36:16 am

If any body need lithium mobile battery scrap .
Then contact me .we have huge amount of battery scrap.
Contact +917703910917

Reply

Your comment will be posted after it is approved.


Leave a Reply.

    EV News

    We showcase real EV news happening in the Indian EV industry. We also highlight our take on each story for brief analysis. 
    We don't do EV speculation or EV gossip!

    Category

    All
    Batteries
    Battery Swapping
    Cargo Electric Vehicles
    Charging Stations
    Clean Tech
    Commercial EVs
    E Bikes
    E-Bikes
    Electric Bus
    Electric Cars
    Electric Motorcycles
    Electric Scooters
    Events
    EV Tech
    Government EV Policies
    Recycling Lithium-ion Batteries

    Picture

    Archives

    March 2023
    February 2023
    January 2023
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    September 2021
    August 2021
    July 2021
    June 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020

    RSS Feed

Plug in india

About us
Advertise with us
Contact us

Privacy Policy
Terms of Service

Support US

Get access to exclusive perks
  • Become a YouTube member
  • Become a Patreon

Subscribe to our newsletter

© COPYRIGHT 2019. ALL RIGHTS RESERVED.
  • Home
  • EV News
  • EV Blogs
  • Podcast
  • Videos
  • Vehicles
    • Sales
    • Electric Cars
    • Tata Electric Cars
    • Electric Scooters
    • OLA Electric
    • Electric Cycles
    • Electric MotorCycles
    • Electric Cargo Vehicles
    • Campus Vehicles
  • Categories
    • Community Charging
    • Buyer's Guides
    • Real Life EV Stories
    • How To Guides
    • EV Test Reports
    • EV Travelogues
    • EV Conversions
    • Events
    • Educate
  • About Us
  • Community
    • Discord