Maxvolt Energy Advances Circular Economy Vision with New Lithium Battery Recycling Plant Announcement on World Environment Day

Maxvolt Energy Advances Circular Economy Vision with New Lithium Battery Recycling Plant Announcement on World Environment Day

Maxvolt Energy Industries Limited, a leading NSE-listed lithium battery technology company, marked World Environment Day with a major sustainability-driven announcement: the launch of a new lithium battery recycling and repurposing facility in NCR or Western Uttar Pradesh. With land acquisition underway for a 22,000–25,000 sq. m. site near its existing Ghaziabad unit, the plant will streamline operations and fortify Maxvolt’s mission to reduce reliance on imported lithium and build a circular battery economy.

As part of its Phase 2 growth strategy, Maxvolt is scaling up its battery take-back and reuse programme—already covering 85% of India’s pin codes—while expanding ESS battery production for solar and grid-scale solutions. With innovative technologies like Active Balancer Systems and Smart Battery Control, and a revenue milestone of ₹107 crore in FY 2024–25, Maxvolt is shaping India’s clean energy future through integrated production, reuse, and recycling.