Ather Energy has partnered with LICO Materials to recycle electric vehicle batteries.

Integrated Battery Circularity company, LICO Materials has entered partnership with electric two-wheeler manufacturer Ather Energy in order to develop a system for collecting, recycling, and recovering critical materials from end-of-life lithium-ion batteries.

Under this agreement, batteries retired from Ather’s EV fleet will be further processed at LICO materials recycling facility in Karnataka. The recovered materials including the lithium, nickel, cobalt, graphite and copper will be returned to the battery supply chain for use by cell manufacturers and original equipment manufacturers (OEMs). 

This strategic alliance will expand India's electric vehicle market, increasing the battery recycling infrastructure of reusing valuable raw materials while reducing the dependence on imported materials. 

According to Ather Energy, this partnership will be formulated to start a structural process for battery collection, recycling and material recovery as electric two-wheelers are constantly rising. 

Currently, India is importing critical minerals used for the development of lithium-ion batteries which includes nickel, lithium, and cobalt, making the sector highly dependent on supply chain disruptions, geopolitical uncertainties and price hikes.