Expanding its footprints in Li-ion Batteries solutions business, Mercedes-Benz Energy has signed a strategic partnership with Lohum.
As per the understanding, Lohum becomes Mercedes-Benz Energy’s first partner in Asia, where it will offtake a minimum 50MWh per annum across multiple 2nd life module variants.
The companies have been working together for nearly two years. The agreement will enable Lohum to secure high volumes of second-use battery modules from Mercedes-Benz Energy.
At present, Lohum develops second-life applications primarily focused on the Indian stationery and non-auto mobility storage markets. Mobility applications include low-power applications such as the electric rickshaw and stationary applications range from small 6KWh batteries to larger 1MWh storage systems.
