BatX Launches Li-Ion Battery Buyback Programme to Make it Reusable

BatX Energies, startup providing advanced lithium-ion (Li-Ion) battery solutions, has launched a Battery buyback programme, with an aim to contribute towards circular economy by recycling batteries.

March 09, 2021. By Manu Tayal

BatX Energies, startup providing advanced lithium-ion (Li-Ion) battery solutions, has launched a Battery buyback programme, with an aim to contribute towards circular economy by recycling batteries.

The company manufactures Lithium-ion batteries as well as recycle them.

Under this buyback programme, the company take back batteries from the market and harvest the good cells from them, understanding the life and state of health of those cells and putting them back for stationary applications by developing Lithium-ion batteries for inverters and Solar Storage batteries.

Also, the company has been offering 10 per cent buyback cost to its electric vehicle (EV) OEM’s clients like electric Rickshaw and Electric two-wheelers manufacturers who can further offer this as a value addition to their customers.

The company has an in-house developed recycling and resource recovery process which is capable of recovering lithium, nickel and cobalt upto 90 per cent purity. It will help in reducing the environmental impacts of battery use throughout the life cycle.

Lithium–Ion industry is expected to reach 132 GHW in 2030 and grow at a significant rate in the next five years.

Commenting on the program launch, Vikrant Singh, Co-Founder and CTO of BatX Energies, said that, “refurbishing of lithium – ion batteries will play an imperative role in the growth of electric transportation industry. At BatX Energies, we work together with our customers to build smart and sustainable solutions for ensuring the circulation of valuable materials and the removal of harmful substances from the material cycle and aim to solve the global problem of end-of-lifecycle of a lithium-ion battery. With our Buy Back Battery Programme, we create a secondary supply to meet the demand for critical battery materials through innovative recycling technology.”

The company develops advanced Li-Ion battery solutions using first life and second life Li-Ion cells for various applications. It is also expert in Li-ion Battery Recycling and Resource Recovery.

BatX’s product portfolio ranges from extensive and powerful battery packs for automobiles to grid storage and equipment mechanization to smaller packs for consumer electronics. It has its distribution channels spread in Delhi NCR, UP, Punjab, Rajasthan, and cities like Chennai and Hyderabad.

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