BatX Energies, a fast-growing Lithium-ion battery recycling and sustainable energy solutions startup, has announced a strategic partnership with LW3 Pvt. Ltd., a pioneering company specializing in Digital Product Passport (DPP) solutions using blockchain and IoT technologies. The collaboration seeks to transform battery lifecycle management, offering a fully traceable and sustainable solution for energy storage systems (ESS).
The partnership leverages LW3’s DPP to enable comprehensive tracking of battery history, usage, and material provenance from production to end-of-life, aligning with BatX’s mission to promote a circular economy in the energy sector.
BatX Energies was founded in 2020 by Utkarsh Singh and Vikrant Singh. Its manufacturing unit is located in Sikandrabad Industrial Area, Bulandshahr, Uttar Pradesh.
“Partnering with LW3 aligns perfectly with our vision of creating a true circular economy for battery materials in India and the world,” said Utkarsh Singh, CEO, BatX Energies. “With digital passports, we’ll enhance transparency in the recycling process, Recycled battery materials supply chain, and refurbished battery banks, allowing us to meet stringent global regulations and further scale our operations. We will work collaboratively to enable traceability for cross-border battery scrap movement, a big challenge and gap in the battery recycling industry and for non-OECD countries like India. This will help the EV OEM’s and battery manufacturers measure and meet their sustainability goals, simplifying their EPR (Extended Producer Responsibility) targets calculation and coordination.”
By integrating LW3’s IoT and blockchain expertise, the partnership aims to set new standards for material accountability, offering a streamlined approach to meeting compliance requirements, especially in markets like Europe. This collaboration introduces blockchain-enabled solutions into BatX’s recycling framework, ensuring secure and transparent reverse logistics for the collection of end-of-life (EOL) batteries.
“We are thrilled to partner with BatX to accelerate the adoption of traceable, sustainable battery recycling,” said Abhijit Pegu, Co-founder and CEO of LW3 Pvt. Ltd. “Our shared focus on sustainability and innovation makes this a perfect match. We believe this partnership will set new standards in battery recycling not only in India but globally.”
This collaboration supports compliance with global digital product passport standards, including the European Union’s CIRPASS initiative. LW3’s solutions will enable BatX to assist its partners across various industries in meeting battery recycling and reuse requirements, ensuring better environmental stewardship on an international scale.
BatX Energies was founded in 2020 by Utkarsh Singh and Vikrant Singh. BatX Energies is a lithium-ion battery recycling company. BatX recycles used Lithium-ion batteries to extract critical metals primarily Lithium, Nickel, Cobalt which are supplied to battery cell manufacturers to create a closed-loop Circular Economy for Lithium-ion Battery Manufacturing and Electric Vehicles. BatX Energies Pvt. Ltd. currently has a state-of-the-art manufacturing unit in Sikandrabad Industrial Area, Bulandshahr, Uttar Pradesh. The company has raised a total funding of $6.9Mn in the last 2 years 2022 & 2023 respectively.
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