Licomat14 Nov, 2022Technology
Lithium-ion battery recycling requires specialized machinery and processes. This is why they are only handled by well-equipped, experienced and dedicated recycling teams. The sensitive nature of these batteries demands their fragile handling before shipment. LICO aims to reduce India?s dependence on other countries for recycling LI-ion batteries by developing professional processes to do the same seamlessly. When other countries do the recycling of Li-ion batteries, our spending on EV vehicles increases by 30-40% and therefore there is an increase in the cost of the product. When LICO recycles Li-ion batteries, it reduces our dependence and reduces spending on the products using these batteries. The major drawback our nation faces is when we import these batteries so LICO aims to excel in the sphere of recycling lithium-ion batteries. This e-waste recycling means we save money on imports from China, Korea and many such nations that lead in these areas of development.
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