Automotive Electronics Power— a joint venture of Suzuki, Toshiba, and Denso — is planning to build a lithium-ion battery recycling plant in India to compliment the gigafactory it plans to develop in the country.
The company aims to build a recycling facility capable of recovering metals such as lithium, cobalt, nickel, and manganese from used lithium-ion batteries.
Suzuki’s deputy executive of global automobile marketing Hisashi Takeuchi has been reported as saying the company wants to follow the 3R approach of Reuse, Rebuild and Recycle.
“We are planning to establish a lithium-ion battery recycling centre in future. We are also looking to expand production capacity and localise lithium-ion battery parts in India,” Takeuchi was quoted as saying on the sidelines of the Global Electrification Mobility Summit at the Auto Expo 2020,
This plan comes after Automotive Electronics Power signed an MoU with the Gujarat government last October to build a lithium-ion battery manufacturing plant.
Once completed in 2025, the plant expects to produce 30 million cells per year to Maruti Suzuki and Suzuki Motor Gujarat.