BatX Energies partners with LW3 on battery passports

BatX Energies, a Indian lithium-ion battery recycling and sustainable energy solutions startup, has partnered with LW3 to streamline battery lifecycle management for energy storage systems.

Under the partnership, BatX Energies will leverage LW3’s blockchain- and IoT-based digital product passport solutions for comprehensive tracking of battery history, usage, and material provenance from production to end-of-life, ensuring a circular economy for battery materials.

“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,” said Utkarsh Singh, CEO, BatX Energies. “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 OEMs 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.

Both companies will also explore joint fundraising initiatives to expand battery recycling technologies.

From pv magazine India