Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Car manufacturer MG Motor India has tied up with Attero for reusing and recycling the Li-ion batteries of electric vehicles (EV) in India after their end-of-life, according to a release from MG Motor.

  
The tie-up will enable users of the Chinese-owned British automaker’s ZS EV model to send batteries for recycling. Li-oin batteries contains base metals like nickel, cobalt and copper.

  
Attero is an electronic asset management company and clean-tech provider, which conducts its battery end-of-use management in India. The company is based in Noida.

  
MG Motor India’s EV sales in 2019 stood at 1,000 units, which increased to 5,500 in 2020. The company aims to double it’s sales in FY22, targeting sales of 10,000 units. 

 

Earlier this year, the company had said it wanted to localise battery production, most probably at its Halol facility in India. 

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