*Disclaimer: List of key companies in no particular order
Latest Company Updates:
October 2023- Log9 and LOHUM have disclosed a planned partnership focused on dealing with the challenge of sustainable battery disposal in the electric vehicle (EV) market. The collaboration looks to deal with the residual worth of lithium-ion batteries and advance Log9's Net Zero materials transition endeavors. The main target is to enhance the use of Log9's annual production of 250 MWh LTO EV batteries after they attain end-of-first life. The target will be acquired with the repurposing of these batteries to make second-life solutions devoted to renewable energy storage, as communicated by the firm. The partnership is happening via LOHUM's DETX, a platform for battery asset trading, allowing energy passage stakeholders to make ideal decisions based on transparent, accurate, and weighted future battery buyback and battery material prices. The co-founder and director of Log9, Pankaj Sharma, said that their goal at Log9 is lined up with India's target to attain Net Zero goals and supply to a sustainable planet. With Lohum's DETX platform, the company plays a crucial part in this journey by dependably recycling and repurposing EV batteries, guaranteeing a zero-carbon footprint. The innovation in the EV sector enables the company to boost up urban mining of key materials that go into the making of Lithium-Ion cells. With the collaboration, the company is getting closer to its Net Zero targets, and it fits its mission of Pioneering Responsible Energy. They excitedly expect the partnership to boost their sustainability efforts substantially.
Top listed global companies in the industry are:
- Nissan Motor
- Tesla Inc
- Toyota Motor
- Ford Motor
- Volkswagen
- BMW
- General Motors
- Daimler AG
- Hyundai Motor
- Mitsubishi Motors, among others.
