Electonics & Semiconductors | Battery Storage | Investments
BatX Energies, a leader in battery recycling, secures $5 million to develop superior battery materials, create a full-lifecycle lithium-ion battery recycling solution, and establish a network of micro-recycling facilities across India. Their innovative technology recovers nearly all battery materials and they are working on a process to turn recycled materials directly into new batteries.
With a furious growth expected in the Indian electric vehicles sector for the next decade and beyond, expect many more startup efforts in Li-ion battery recycling.