BatX Energies
BatX Energies is a pioneering company specializing in the recycling and refurbishing of lithium-ion batteries. Utilizing a proprietary “zero-emission-zero-waste” technology, BatX efficiently recovers valuable materials like lithium, cobalt, and nickel. The company’s new HUB-1 facility in Sikandrabad, Uttar Pradesh, is a state-of-the-art plant that integrates advanced material science research, a commercial-scale battery refurbishing setup, and a patented material extraction process. With a commitment to sustainability and innovation, BatX aims to scale operations to recycle 50,000 metric tons of batteries annually by 2030, contributing significantly to a circular economy and environmental conservation.
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BatX is a global Player in black mass production and export, and they are set to enter the Japanese market with a strategic approach. Leveraging their extensive worldwide network and database, they aim to tap into Japan's thriving lithium-ion battery manufacturing sector, which heavily relies on critical metal imports.
Their strategy will revolve around adopting a Hub and Spoke model within Japan. This entails establishing hubs nationwide to efficiently collect materials, bolstering their raw material supply chain for electronics and electric vehicles (EVs). Collaboration with local EV companies in Japan and exploring potential joint ventures with them will be a key focus. Therefore we belive they have a good potential to colloborate with Japanese companies either in Japan or other overseas market and can be one of the best candidates for AEA 2024.