2024 has been a transformative year for BatX Energies, marked by significant milestones and groundbreaking advancements. This year, we evolved from being a producer of black mass to achieving the final extraction of critical materials, redefining our role in the battery recycling value chain. Our operations moved a step closer to carbon-neutrality, setting industry benchmarks with advanced hydrometallurgical processes and the successful commercialization of our Material Extraction Plant for critical material recovery. BatX Energies expanded its footprint across India, significantly increasing the number of pickup locations for lithium-ion battery scrap, ensuring greater accessibility and operational efficiency. Strengthening key partnerships, including the Battery Passport Project with L3W and second-life battery solutions for Energy Storage Systems (ESS) in collaboration with MG Motors, we have championed innovation and transparency through IoT and AI technologies for traceability across the battery value chain.
In response to the rapid growth of the EV sector in India, BatX Energies has deepened its understanding of the industry’s dynamics, tailoring solutions to introduce buyback programs, optimize value recovery from end-of-life lithium-ion batteries and electric vehicles, and seamlessly integrate IT and IoT solutions to enhance value delivery for OEMs and end consumers. These efforts have promoted recycling and a circular economy, while contributing to building a self-reliant critical materials supply chain in line with the vision of Atmanirbhar Bharat. Looking ahead to 2025, BatX Energies is set to expand its footprint into Southeast Asia and enhance its capacities along with advancing battery passport implementation in India. With a strong focus on renewable energy, the EV industry, and impactful community initiatives, we aim to educate over 5,000 students on sustainability and technology through our CSR activities, fostering a generation prepared to tackle climate challenges.
Together, we are driving innovation to strengthen India’s position in the critical materials supply chain and to make it a global center for critical minerals, create a resilient future, and lead the global transition to a circular economy.