Monday | May 26 2025 | 06:49:08 PM
Addressing the growing demand for recycling energy storage solutions for electric vehicles and solar industry and support India’s Net Zero mission, Mobec Innovation - mobec.io, India’s first full-range service provider for customisable B2B mobile EV charging solutions and energy storage systems, plans for a transformative shift in its expansion strategy by moving towards strategic partnerships to revolutionise lithium battery recycling.
Mobec's strategic partnership model dovetails with a collaborative and scalable approach to address India’s need for a comprehensive framework for establishing and operating advanced lithium battery recycling facilities. This aims to address the critical need for sustainable recycling solutions that minimise environmental impact and maximise resource recovery esp. rare metals. With this, strategic partners gain access to Mobec's proprietary technologies, proven processes, and comprehensive and extensive support system, enabling them to efficiently and profitably recycle batteries from a wide range of sources.
Also, the company today announced its first strategic partner in Greater Noida, a key industrial hub in India, marking the initiation of a pan India drive.
“The surge in lithium-ion battery use presents both an opportunity and a challenge,” said Harry Bajaj, Founder and CEO, Mobec Innovation. "Our strategic partnership model offers a powerful, collaborative approach for organisations looking to capitalise on the burgeoning green economy while making a significant contribution to environmental sustainability. Our first Strategic Partnership is the beginning of a new era in this $13 bn industry opportunity.”
Initial few quarters Mobec shall aim at capacity building while ensuring the interest of all stakeholders remains positive and sustainable both financially and environmentally.
This shall also help develop best practices for industry benefit on a long-term basis. Mobec is also in advanced talks with several other potential strategic partners in key locations, indicating a strong interest in its sustainable business model.
Currently, Mobec is focusing on consumer electronics, electric vehicles (EVs), energy storage systems (ESS), and industrial equipment, as these key sectors are expected to generate significant battery waste. Within this focus, the company is also prioritising advancements in ESS, lithium battery recycling, and power backup generators—laying the groundwork for upcoming expansion initiatives aimed at scaling plant operations and accelerating the circular economy.
