EV Mechanica

Subscribe to EV Mechanica's Current Newsletter & never miss an update!

    Close Menu
      Facebook X (Twitter) Instagram
      EVMechanicaEVMechanica
      EVMechanicaEVMechanica
      • Home
      • News
        • E-Mobility
        • EV Battery
      • Charging Stations
      • Policy
      • Research
      • Interview
      • Jobs
      • Events
      • E-Mag
      • Subscription
      Facebook YouTube LinkedIn WhatsApp
      EVMechanicaEVMechanica
      Home » Noida E-Waste Recycling Firm to Build Battery Recycling Plant in Telangana

      Noida E-Waste Recycling Firm to Build Battery Recycling Plant in Telangana

      Aishwarya SaxenaBy Aishwarya SaxenaNovember 4, 2022 EV Battery 2 Mins Read
      Share
      Facebook Twitter LinkedIn WhatsApp

      Electronic waste recycling company, Attero Recycling has decided to invest Rs 600 crore to set up a Lithium-ion battery recycling facility in Telangana.

      battery recyclingAt present, the company has a battery recycling capacity of 4,500 MT.

      With the new facility, which will be spread over 50 acres, the company aims to increase its capacity to 4,500 MT by the end of 2023.

      The company inked a pact with the Telangana government to strengthen the Li-ion battery recycling ecosystem in India. This will be the company’s second li-ion battery recycling facility in the country.

      KT Rama Rao, Minister for IT & Industries, Telangana, said, “We were one of the first states to introduce the ‘EV & ESS’ policy in 2020. The EV ecosystem is thriving in the state and we are glad that Attero will also be a significant part of the ecosystem. We are happy that the company is investing to establish a new facility in Telangana that will generate employment opportunities.”

      Nitin Gupta, CEO and Co-Founder, Attero Recycling said, “This facility will be instrumental in paving the way for India’s independence in battery materials. Telangana is an ideal location as it is a hub for the EV industry and is creating a favorable environment for the adoption of zero-emission vehicles.”

      “With EV production on the rise, lithium battery recycling is more important than ever. The improper disposal of Li-ion battery recycling is not only an environmental threat but also a wasted opportunity to extract rare materials”, he added.

      The company, in a statement, said that it utilizes proprietary and globally patented Avant-grade recycling technologies and has the world’s highest RER (Recycling Efficiency Rate) at 98%.

      The extracted materials are sold in the market at LME or Fast Market prices ensuring a healthy circular supply chain. Further, the company has plans to recycle 300,000 tonnes of lithium-ion batteries by 2027.

      The global recycling industry is projected to reach $22.8 billion by 2030, up from $4.6 billion currently, expanding at a CAGR of 19.6 per cent.

      Attero Recycling battery materials EV industry Li-ion battery recycling lithium-ion batteries news Recycling Efficiency Rate Telangana government
      Share. Facebook Twitter LinkedIn WhatsApp
      Aishwarya Saxena

      More article from Aishwarya Saxena

      Keep Reading

      Maruti Alto Electric launched at ₹4L, 560km range

      India’s Leading EV States Driving Green Mobility 2025

      OPG Mobility boosts leadership for EV growth

      Leave A Reply Cancel Reply

      20 − 9 =

      E-MOBILITY

      OPG Mobility boosts leadership for EV growth

      May 12, 2025

      Delhi HC orders seizure of 129 more EVs

      May 12, 2025

      Mitsubishi Confirms U.S. EV Launch in Momentum 2030 Plan

      May 9, 2025

      Honda Activa EV: 210km Range, Affordable

      May 9, 2025

      Articles

      EVSE Innovations: Why Smart AC chargers are becoming preferred solutions for Indian housing estates

      The global emphasis on electric vehicles (EVs) is comparable to the early 18th-century innovation of…

      The Rise of Automotive Ethernet: Redefining In-Vehicle Communication

      The modern automobile is no longer just a mode of transportation, it’s a hub of…

      EV Charging Station Safety and Cybersecurity: The Hidden Challenges in India

      India’s electric vehicle (EV) revolution will soar rapidly in 2025 driven by policies of the…

      © 2025 EVMechanica.com.
      • Home
      • About Us
      • Contact Us
      • Subscription

      Type above and press Enter to search. Press Esc to cancel.