Battery circularity company PeakAmp has entered into a partnership with Chargeup, a financial and technology platform for last-mile electric vehicle drivers, to jointly manage the lifecycle of EV battery packs in India.
Under the agreement, PeakAmp will act as a technical partner, overseeing the procurement, testing, grading, repurposing, and recycling of battery packs generated through Chargeup’s battery financing operations. The collaboration aims to create a more structured and traceable supply chain for used EV batteries, integrating operational execution with data-driven insights.
A key feature of the partnership is Chargeup’s battery passport system, a digital record that tracks a battery’s health, usage history, and material composition in real time. The tamper-proof data enables precise assessment of whether a battery should be reused for second-life applications or directed toward material recovery. The companies said the system will reduce reliance on manual testing processes, improving efficiency, scalability, and auditability.
“As battery leasing models scale across India, building a robust framework for lifecycle management becomes critical,” said Aditya Sudhanshu, Co-Founder and COO of PeakAmp. “This partnership allows us to combine on-ground execution with technology-led traceability to ensure batteries are efficiently managed from deployment to second-life use and recycling.”
Satish Mittal, Co-Founder and Chief Digital Officer at Chargeup, said the initiative would enhance transparency and support India’s green mobility goals. “This partnership unlocks data-backed transparency across the battery lifecycle, enabling precise decisions on repurposing and recycling while helping extend battery life and reduce carbon emissions,” he said.
The move comes as India’s electric vehicle sector continues to grow rapidly, particularly in last-mile delivery and passenger transport segments. However, the expansion has also led to a rising volume of used and degraded lithium-ion batteries, creating challenges around safe handling and recycling. Unlike traditional lead-acid batteries, lithium-ion packs require more complex processes due to their composition of valuable and potentially hazardous materials such as lithium, cobalt, nickel, and manganese.
India currently faces gaps in recycling infrastructure, data systems, and regulatory frameworks to manage the expected surge in battery waste. The PeakAmp-Chargeup collaboration seeks to address these challenges by integrating Chargeup’s IoT-enabled battery data with PeakAmp’s recycling and processing capabilities, creating a traceable, end-to-end system for battery lifecycle management.
PeakAmp, a seed-funded startup, describes itself as building a full-stack solution for end-of-life EV battery management, including safe collection, second-life applications, and high-purity material recovery. Chargeup, meanwhile, provides a platform that combines financing, IoT, and fleet data, and connects drivers with lenders, original equipment manufacturers, and dealers.
The companies said the partnership marks a step toward strengthening India’s EV infrastructure by combining real-time data with structured physical processing to support both reuse and recycling of batteries at scale.
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