Mumbai, Maharashtra, 13 February 2023 (Issuewire.com) – LICO Materials Private Limited participated in a webinar hosted by EVReporter.com to discuss India’s upstream and midstream capabilities in lithium-ion battery supply chain.
Gaurav Dolwani, CEO of LICO Materials Private Limited, emphasized the holistic sustainable technology and approach towards lithium-ion batteries and how to build a value chain related to material recovery from used batteries. We shared our views on LICO’s technology. Transportation of batteries, issues in the raw material recovery process, and future growth.
Industry experts from companies such as Nsure Reliable Power Solutions, NOMURA Research Institute, and JLNPhenix Energy shared valuable insights in the area of EV battery recycling. Speakers addressed a variety of industry-related topics, including industry challenges and future developments.
The electric vehicle (EV) industry relies heavily on lithium-ion batteries for their high energy density, low self-discharge rate, and long cycle life. Demand for lithium-ion batteries is expected to increase as the electric vehicle industry continues to grow. LICO’s battery recycling technology, processes, and approach to material recovery from used batteries is an effort to meet this demand.
According to a study by the International Council on Clean Transportation (ICCT), by 2035, India will need about 3,400 gigawatt hours (GWh) of lithium-ion batteries. LICO Materials Private Limited is one of the few recycling companies in India that has developed a unique recycling technology for lithium-ion (Li-ion) batteries that helps build sustainable circular economy solutions and restores vital materials.
emphasizing a sustainable environment, LICO Materials Private Limited CEO Mr. Gauraf Drwani says, “Let’s work together to help the environment by recycling used batteries. By recycling used batteries, we can save the raw materials used to make lithium-ion batteries. At LICO The process will help bridge the gap between supply and demand for lithium-ion batteries.We all need to do our part to save the environment!Take action and make a difference. Let’s work together to win!”
Reducing our dependence on imported recycled materials is critical to sustaining the recycling industry, and LICO strives to achieve these goals.Webinars were very insightful and led by industry leaders
media contact
sampada wineguncarl
sampada.waingankar@epsiloncarbon.com
https://licomat.com/