Omega Seiki, Attero Partner For Recycling 100 Mwh Of Battery In 4 Years

EV player Omega Seiki Private Limited (OSPL) and Attero, a distinguished leader in e-waste management and lithium-ion battery recycling, have signed an MoU that marks a significant leap for the electric vehicle sector and lithium-ion battery recycling. The players have called it a landmark move for both the electric vehicle (EV) sector and e-waste management.

With a fleet of over 10,000 electric vehicles already in operation, Omega Seiki is teaming up with Attero to repurpose their batteries for energy storage, reflecting both entities’ commitment to addressing the full life cycle of EV components and ensuring responsible solutions for EV batteries. Omega Seiki aims to deploy EV batteries totaling over 1 GWH in the next five years, alongside a joint target with Attero to recycle over 100 MWh of batteries within the next 3-4 years, underscoring their dedication to sustainable practices and environmental responsibility.

Attero boasts a state-of-the-art facility with the capacity to process 145,000 metric tons of E-Waste and 11,000 metric tons of Battery Waste annually, a figure set to increase to 15,000 metric tons by February 2024. This substantial capacity is pivotal in addressing the environmental challenges associated with the rising production and disposal of electric vehicle components. With more than 45 granted global patents and over 200 pending applications, Attero leads the way in li-ion battery recycling and sustainable e-waste management.

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Recognizing its role in shaping sustainable practices, Omega Seiki has transitioned all its plants into green energy solar-powered facilities, ensuring alignment with Net Zero energy consumption principles. The company goes further by encouraging its suppliers to adopt sustainable practices and ensuring the recycling of 100% of its waste, understanding the crucial role of waste management in fostering a sustainable and eco-friendly future.

This strategic partnership between Omega Seiki and Attero extends beyond India to encompass the ASEAN and African regions, with a shared vision to contribute to a cleaner and greener global future. The partnership will be setting new benchmarks for sustainable practices and conscientious e-waste management in the electric vehicle sector.

Uday Narang, Founder and Chairman, Omega Seiki, stated, “Through our collaboration with Attero, we reaffirm our dedication to environmental stewardship, aiming not only to propel advancements in EV technology but also to set industry benchmarks in conscientious battery waste management.”

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Nitin Gupta, CEO & Co-Founder, Attero, said, “With EV production on the rise, it is becoming critical for India to have a sustainable approach to recycling lithium-ion batteries. The improper disposal of Li-ion battery recycling is not only an environmental threat but also a wasted opportunity to extract rare materials. At Attero, we extract battery grade metals like cobalt, lithium carbonate, graphite etc with 98% efficiency utilising our innovative, globally patented, and world-class technology, contributing to the carbon-positive circular economy.”