Ghaziabad-based Maxvolt Energy Industries has announced plans to expand its lithium battery recycling with a new facility proposed in Delhi NCR or Western Uttar Pradesh. The company has initiated the process of acquiring 22,000 to 25,000 square metres of land for the project.
The upcoming recycling and repurposing plant will be located close to Maxvolt’s existing battery manufacturing unit in Ghaziabad, enabling better supply chain integration and operational efficiency.
“The upcoming facility will enable large-scale recovery of valuable materials, minimize environmental impact, and create a robust backend for India’s EV and ESS revolution,” said Satendra Shukla, chief business officer and CEO, Maxvolt Energy.
Maxvolt already runs a nationwide battery take-back and reuse programme, and is among the few companies actively integrating battery repurposing into its business model. This latest expansion aligns with its ongoing Phase 2 growth strategy that also includes capacity augmentation and energy storage system (ESS) battery production for solar and grid-scale storage projects.
“The future belongs to companies that innovate responsibly. Maxvolt is not only creating clean energy solutions but is also ensuring that these solutions do not become tomorrow’s waste,” said Vishal Gupta, chairman and CTO, Maxvolt Energy. “Our upcoming plant will embody global best practices in battery recycling, making India self-reliant in critical energy materials.”
Maxvolt achieved a revenue of INR 107 crore in FY 2024-25 with its integrated sustainability model comprising production, reuse, and recycling. It produces batteries with active balancer systems, superior thermal management, and smart battery control mechanisms.
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