In Short : Lohum is set to invest ₹500 crore in a rare earth refining hub to enhance India’s critical minerals ecosystem. The company plans a $100 million fundraise and an IPO by 2027 to support growth. The project aims to strengthen domestic processing, reduce reliance on imports, and position Lohum as a key player in India’s […]
LOHUM Leads India’s Battery Revolution Through E-Waste Recycling Innovation – EQ
In Short : LOHUM is turning to e-waste and end-of-life batteries to reduce India’s dependence on imported critical minerals like lithium and cobalt. With a 5 GWh recycling capacity and proprietary NEETM™ tech, LOHUM recovers high-purity materials sustainably. The company aims to create a circular battery material supply chain, supporting India’s clean energy and EV […]
RACE Energy, LOHUM partner for sustainable EV battery recycling – EQ
In Short : RACE Energy, in collaboration with LOHUM, has joined forces to advance sustainable electric vehicle (EV) battery recycling solutions. This partnership aims to address the growing challenge of EV battery waste by implementing environmentally friendly recycling practices. By leveraging innovative technologies, RACE Energy and LOHUM seek to contribute to the circular economy, ensuring […]
MG Motor India and LOHUM Collaborate for ‘Second Life’ EV Battery Solution – EQ Mag
Launches first-of-its-kind project for 2nd life EV battery for a sustainable environment Introduces 5kWh Battery Energy Storage System (BESS) as first product New Delhi : MG Motor India, a British automobile brand with a 99-year-old legacy, has joined forces with LOHUM, India’s largest producer of sustainable energy transition materials, to establish a comprehensive ecosystem for […]
Lohum to offtake minimum 50MWh of second-use Li-ion battery modules annually from Mercedes-Benz Energy – EQ Mag
India : Mercedes-Benz Energy and Lohum are pleased to announce a strategic partnership through a multi-year supply contract agreement for second-life batteries. Lohum is Mercedes-Benz Energy’s first partner in Asia as both companies continue to push sustainability across the battery supply chain. This agreement includes Mercedes-Benz Energy and Lohum committing to a minimum offtake schedule […]
India’s Largest 3 GWh Li-ion Battery Factory to be Set Up By Lohum Within 18 Months
Further, the company is also looking at introducing a new battery recycling facility in Kandla, Gujarat. Lohum, which claims to be the world’s leading Li-ion battery player, is going to set up India’s largest factory for the same. The Noida-based company says that it will set up a manufacturing as well as recycling plant in […]
Lohum Raises USD 7 Mn in Funding Led By Baring Private Equity
New Delhi : Lithium-ion battery pack manufacturer Lohum on Monday said it has raised USD 7 million (over Rs 50 crore) in a funding round led by Baring Private Equity Partners. Apart from Baring Private Equity Partners, the other investors in the first round of institutional funding include Talbros Automotive Group, Lohum said in a […]
Lithium-ion battery maker Lohum to invest up to Rs 250 cr in three years on capacity expansion
New Delhi : Lithium-ion battery pack manufacturer and recycling company Lohum plans to invest up to Rs 250 crore in the next three years to enhance its capacity with plans to foray into electric four-wheeler battery segment, according to a top company official. The company, which currently has battery manufacturing capacity of 300 megawatt-hours per […]
