Lohum Cleantech, a producer of sustainable energy transition materials, will build UAE’s first EV Battery Recycling plant through a partnership agreement with the Ministry of Energy & Infrastructure, UAE, and BEEAH, the Middle East’s sustainability and digitalisation pioneer.
Lohum will debut as the first battery lifecycle management company in the UAE that undertakes integrated recycling, reuse or repurposing, and cell manufacturing under one roof.
The partnership comes in light of UAE’s COP28 agenda and aligning with the UAE’s Net Zero by 2050 Strategic Initiative, Circular Economy Policy and supporting emissions-free mobility with future-ready solutions.
The venture will entail the setting up of an 80,000 sq ft refurbishing and recycling Lithium batteries facility, in UAE. The facility will annually recycle 3000 tonnes of Lithium-ion batteries, and repurpose 15MWh battery capacity into sustainable Energy Storage Systems (ESS) per annum. This is expected to account for more than 80% of the current expected EV batteries management demands.
The UAE has declared its intention to achieve net zero emissions by 2050, and Lohum facility will help the nation save 30,000 tons of GHG emissions annually, noted the press release.
Rajat Verma, Founder and CEO of Lohum, said: “This partnership aligns with our goal to help nations and companies reduce their carbon footprint not just in India, but globally, and across all segments of the clean energy transition ecosystem.”
Sharif Al Olama, Under-Secretary for Energy and Petroleum Affairs at MoEI, said, “The Ministry will provide the support needed for the plant to succeed as part of our Global EV Market initiative that aims to increase the share of EVs to 50 percent of all vehicles on our roads by 2050.”
He added that as they anticipate substantial growth in the number of EVs, the project will provide local car dealers and manufacturers with a sustainable, eco-friendly solution for EV batteries at the end of their life. “It will help address the environmental and logistical challenges of expired or damaged EV batteries,” he said.
“Our EV Battery Recycling plant will reintroduce valuable minerals and materials back into the circular economy, keep waste out of landfills and support the long-term sustainability of transitions to EVs,” said Khaled Al Huraimel, Group CEO of BEEAH.