Lithium-ion battery recycling company BatX Energies, on Monday, announced the inauguration of its state-of-the-art Critical Minerals Extraction plant (HUB-1) in Uttar Pradesh.
These critical minerals are essential for supporting India’s rapidly expanding EV sector and reducing the nation’s dependence on imports, reinforcing the vision of Net Zero 2070 and AtmaNirbhar Bharat, the company added in the statement.
Utkarsh Singh, Co-founder and CEO of BatX Energies, stated: “Electric vehicles are at the forefront of the clean energy revolution, and BatX Energies is proud to lead this transition. The Hub-1 facility reflects our dedication to sustainable extractive metallurgy, creating a circular economy by recycling used batteries and reintegrating critical materials,”
The plant is optimised to efficiently recycle all types of lithium-ion battery waste, including manufacturing rejects from future gigafactories. This groundbreaking facility highlights BatX’s unwavering commitment to circularity and sustainability, supporting both its own mission and that of its OEM partners while driving the transition toward a cleaner and greener world.
“This plant is the result of rigorous four years of R&D and the hard work of our passionate team. We are grateful to our investors, stakeholders, and the Government of India, including initiatives like Startup India, MSME, and the PSA Office for EU-TTC initiative, as well as EXIM Bank of India, for their crucial support,” added Vikrant Singh, CTO and Co-founder of BatX.
As the global adoption of EVs accelerates, sourcing critical materials outside China presents a significant challenge due to high costs and complex processes, making sustainable material availability increasingly elusive. BatX Energies’ new facility rises to this challenge with a vertically integrated approach that combines material extraction expertise with the development of second-life energy storage applications, enabling a seamless solution for batteries at any stage of their lifecycle.
Operating with zero-emission, zero-waste processes, the facility achieves exceptionally low energy consumption while meeting stringent ESG targets. This pioneering approach not only makes critical materials for EV batteries more affordable and accessible but also aligns effortlessly with the Ministry of Environment & Forest’s Battery Waste Management Rules 2022. By prioritizing both environmental responsibility and operational efficiency, BatX Energies is redefining sustainable recycling practices and setting new benchmarks for India’s evolving EV ecosystem.