MG Motors and LOHUM have signed pact for EV battery reuse life cycle management

LOHUM, a battery recycling, and repurposing business, has teamed up with MG Motor to address the problem of EV batteries reaching the end of their useful lives. Instead of disposing of these batteries, they seek to develop ways to recycle and reuse them. Over the next two to three years, MG Motor expects to install EV batteries with a capacity of about 1 GWh.