Lohum company will double production of lithium ion battery.
The current capacity of the company is around 300 MW-hour per annum and according to the unit it is about 200 to 250 units per day. Which the company wants to increase by doubling it.
The company will increase both manufacturing and recycle – Lohum founder and CEO (CEO) Rajat Verma said, ‘The capacity that we had predicted for 2022, we have now realized that it will be much lower than the demand. We have to establish more capacity immediately and we are now in the process of increasing our capacity in both manufacturing and recycle. ‘
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Describing the plan in detail, he said, ‘At this time, our goal is to set up a large integrated factory in the next 12 months time frame. In that factory, we can manufacture 1,000 batteries every day. Can also process 1,000 tons of old raw materials. We plan to set up 1,000 tonne capacity recycling centers with gigawatt-hour level manufacturing. ‘Also read: Forget car washing, this technology will be deep cleansing
Battery will be made for two-wheeler, four wheeler and three wheeler The current capacity of the company is around 300 MW-hour per annum and it varies from 200 to 250 units per unit. When asked about the investment in the new project, Varma said, ‘Soon we will invest around Rs 50 crore. We plan to invest Rs 200 crore in the next two to three years. These investments will be made on increasing battery manufacturing capacity for two-wheeler, three-wheeler and four-wheelers.
He said that at present, the company is also making batteries for storage use along with two-wheeler, three-wheelers. According to Verma, now the company is working on a pilot project to make batteries for four-wheelers as well.