LICO Materials and Ather Energy Partner on End-of-Life EV Battery Recycling
LICO Materials and Ather Energy have partnered to establish a collection and recycling system for end-of-life lithium-ion batteries from electric two-wheelers in India. Batteries from Ather's EV fleet will be processed at LICO's recycling facility in Karnataka.
LICO stated that its recycling technology can recover up to 95% of valuable battery materials, including lithium, nickel, cobalt, graphite and copper. The recovered materials will be supplied back to battery cell manufacturers and automotive OEMs, supporting a circular battery supply chain.
The partnership aligns with India's Battery Waste Management Rules, 2022 and is expected to strengthen domestic critical mineral recovery while reducing reliance on imported battery raw materials.