Mercedes-Benz Energy signs deal with Lohum to recycle EV batteries

Mercedes-Benz Energy signed an agreement with battery recycler Lohum Cleantech for supply of second-life batteries on Wednesday. Under the deal, Lohum has committed to lift a minimum of 50 MegaWatt Hertz (MWh) across multiple second-use modules annually from Mercedes-Benz Energy.

Once these second-life modules reach the end-of-life stage, Lohum offers a buy-back guarantee to recycle them through its hydromet plant.