MG Motor India Pvt Ltd - one of the new entrants in the Indian automobile market - on Tuesday announced its partnership with Umicore, a lithium battery recycling solutions provider, for effective life cycle management of the lithium-ion batteries to be used in the e-ZS electric vehicle.
“Umicore is one of a few companies that offer a complete recycling journey for Li-ion batteries. Umicore holds extensive expertise in end-to-end battery life cycle management and a unique battery value chain that guarantees better operational efficiency, supply security, and speed of response," the company said in a press release issued.
On 26 Nov, MG Motors had also collaborated with Exicom, to ensure effective re-usage of lithium batteries to be used in its electric vehicles.
According to the company, these battery packs will be used in a host of non-automotive applications such as home inverters, commercial and industrial UPS, and renewable energy storage.
China’s SAIC Corp-owned company will launch its first electric vehicle, e-ZS, next month. This will also be the second product of the company in India.
“Over the past few months, we have worked towards creating the right ecosystem for our customers ahead of the launch of the ZS EV, including charging infrastructure. Our partnership with Umicore focuses on end-of-life applications for used EV battery packs and ensures that exhausted battery packs of ZS EV are recycled in keeping with the global best standards, to ensure environment-friendly battery disposal," said Gaurav Gupta, chief commercial officer, MG Motor India.
Earlier this year, MG Motor started its operations in India with the launch of the sport utility vehicles, Hector. The company acquired the Halol based manufacturing plant of General Motors, with a capacity of 85000 units, per annum.
“MG is addressing concerns about the disposal of end-of-life EV batteries for recycling. Umicore is excited to offer our ‘closed-loop’ sustainable recycling solution that ensures minimal waste and impact on the environment," said Kedar Rele, country general manager, Umicore India.