MaxVolt forays into lithium battery recycling ecosystem
The company has formed new subsidiary called MaxVolt ReEarth to recover critical materials such as lithium, nickel, cobalt, and manganese to address growing supply challenges.
MaxVolt Energy has announced its entry into the lithium battery recycling segment with the launch of its new subsidiary – MaxVolt ReEarth – marking a significant step toward building a sustainable and circular battery value chain in India. The initiative aligns with the company’s long-term vision to support the rapid adoption of electric vehicles (EVs) and clean energy solutions while reducing dependence on virgin raw materials and minimising waste.
MaxVolt ReEarth aims to establish an end-to-end, integrated lithium battery recycling ecosystem. The subsidiary will handle the complete battery lifecycle, including second-life applications, safe disassembly or shredding of end-of-life batteries, high-quality black mass production, and recovery of other valuable minerals. By creating a closed-loop system, the company seeks to keep critical battery resources within the value chain for as long as possible, reinforcing the principles of reuse, recovery, and regeneration central to the circular economy.
Vishal Gupta, Director Technology, MaxVolt ReEarth, informed, “With Maxvolt ReEarth, we are taking an important step toward closing the loop in India’s lithium battery value chain. We aim to create a strong recycling ecosystem that serves not just environmental responsibility but also furthers resource security and the long-term growth of India’s EV and clean energy sectors.”
The company plans to process multiple battery chemistries, including LFP, NMC, NCA, and LCO. Where feasible, batteries will be repurposed for second-life applications; otherwise, materials at the end of their usable life will be responsibly recycled. Through its processes, MaxVolt ReEarth aims to recover critical materials such as lithium, nickel, cobalt, and manganese to address growing supply challenges.
MaxVolt ReEarth’s technology roadmap is based on advanced mechanical processing and hydrometallurgical extraction techniques designed to deliver high recovery yields with minimal environmental impact. The company is also exploring next-generation Direct Lithium Recycling solutions to further enhance efficiency and sustainability.
The subsidiary is led by a technically strong leadership team comprising Vishal Gupta (IIT Delhi), overseeing industrial operations and execution; Payal Jain (IIT Roorkee), Chief Technology Officer responsible for R&D and process design; and Shashank Shukla (IIT Kanpur), Chief Executive Officer leading strategy and partnerships.
MaxVolt ReEarth plans to collaborate closely with EV and battery manufacturers, fleet operators, energy storage providers, government bodies, PSUs, and R&D institutions to ensure safe battery supply, traceability, and sustained demand for recycled materials.
The rising EV sector has necessitated the development of lithium recycling segment to bolster resource recovery and reuse. As per one estimate, India’s lithium-ion battery recycling would swell to a $3.5 billion industry by 2030. Leading players like Attero, Lohum, BatX Energies etc are already scaling up efforts to extract lithium and other critical materials.
