Mahindra Last Mile Mobility has collaborated with Attero to recycle EV batteries sustainably.

The collaboration between MLMML and Attero is set to revolutionize electric vehicle (EV) battery recycling. It emphasizes the importance of responsible and eco-friendly practices in the rapidly growing electric mobility sector.

In a significant move towards environmental sustainability, Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra, has joined forces with Attero, a leading player in lithium-ion battery recycling and e-waste management.

The new collaboration between MLMML and Attero is set to revolutionize electric vehicle (EV) battery recycling. It emphasizes the importance of responsible and eco-friendly practices in the rapidly growing electric mobility sector.

MLMML, a prominent player in electric three-wheelers technologies, is known for its diverse range of Li-ion electric 3-wheelers, including popular models such as the Treo, Treo Plus, Treo Zor, Treo Yaari, and Zor Grand.

Suman Mishra, Managing Director and CEO of Mahindra Last Mile Mobility Limited, expressed the company's commitment to providing pollution-free transportation and driving towards a greener future.

"Teaming up with Attero as a preferred partner for Li-ion battery disposal underscores our commitment to environmental responsibility and sustainable practices in the electric mobility space," Mishra stated.

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The partnership with Attero signifies a dedicated effort by MLMML to focus on the sustainability and recycling/reuse of lithium-ion batteries, marking a crucial step towards reducing the environmental impact of EV battery disposal.

Nitin Gupta, CEO and co-founder of Attero Recycling highlighted the advanced solutions offered by the company, backed by years of expertise. "Our capabilities ensure that we can recover and recycle electric vehicle batteries with unmatched efficiency," Gupta stated.

Attero Overview

Attero, founded in 2008 by Rohan Gupta and Nitin Gupta, has emerged as a key player in the field of lithium-ion battery recycling, garnering substantial support from institutional backers. These backers include Draper Fisher Jurvetson, Granite Hill India Opportunity Ventures, Kalaari Capital, and the International Finance Corporation (IFC).

Notably, Attero has successfully raised a total of $30 million in funding across four rounds, with the IFC, the private investment arm of the World Bank, standing out as a prominent investor.

The collaboration aims to address the growing concern about e-waste and contribute to the circular economy by implementing effective and sustainable practices for the end-of-life management of EV batteries.

As the world increasingly shifts towards electric mobility, partnerships like the one between MLMML and Attero demonstrate the industry's commitment to environmental responsibility, pushing for innovation in recycling technologies and reducing the ecological footprint of electric vehicles.