The Impact of EV transition on the Indian auto ancillary market
India is becoming a big player in the global auto ancillary market. The Indian market has seen tremendous growth in recent years, contributing to 2.3%
LICO’s business model aims to create a sustainable environment through its reduced waste and zero waste process of battery recycling. The recycling process enables us to recover upto 92% of all materials found in the EV battery and then put those back into the EV battery supply chain so that these critical minerals can be reused infinitely. The refurbishment process ensures that we use these batteries to the maximum potential by altering their application so that there is no energy wasted from batteries and energy can be used to power a variety of applications ranging from an inverter bulb to a large energy storage system.
India is becoming a big player in the global auto ancillary market. The Indian market has seen tremendous growth in recent years, contributing to 2.3%
Recycling of Li-ion batteries Recycling of used lithium-ion batteries is a practice that is picking up pace in recent times as it offers a greener
Electric vehicles are becoming increasingly popular in the last few years due to their high efficiency and environment-friendliness. The introduction of EVs in the market