Orxa Energies Collaborates with Nunam Tech for Reuse of EV Batteries in Second-Life Applications
Orxa Energies, a new company in Bengaluru that makes electric vehicles, has teamed up with Nunam Technologies, a company good at reusing batteries. This team-up is a big move towards making a system where batteries are used in a way that creates less waste and is better for the environment.
With Nunam Technologies, Orxa will be able to extend the life of its flagship electric motorcycle Mantis batteries, providing a second life in the form of renewable energy storage systems. This will have a significant impact on the more affordable batteries for solar adoption with a minimal carbon footprint and also lower the Total Cost of Ownership (TCO) of the Mantis. Both companies are actively developing a battery buyback mechanism for Orxa’s B2B customers as well as Mantis riders, fostering an engagement that emphasizes sustainable practices. The affiliation aims to create a circular value chain for Orxa’s batteries.
Ranjitha Ravi, Co-Founder, Orxa Technologies said, “With Orxa Energies all set to launch our flagship product, the electric motorcycle Mantis; this partnership also helps assure our community of the impact that they will be a part of driving. It also complements our work in battery technology, drone technology for B2B applications, and aerospace and defense sectors.”
Darshan Virupaksha, Co-founder, Nunam Technologies said, “Evolving a circular value chain for batteries in the EV ecosystem is a key aspect of our society’s transition towards electric mobility. Our team has been relentlessly finding means to maximise the life of such EV batteries. Mantis’s high-quality battery creates an opportunity for second life and thereby potential to reduce CO2 footprint by 40%. This initiative will contribute to the larger interests of clean energy requirements in India, with a focus on enabling clean energy for applications such as off-grid energy storage, micro-grids, and solar-powered machines for agriculture and cottage industries.”
In order to secure the highest buyback value for Mantis batteries, the Nunam team will work closely with Orxa Energies’ engineering team over the next few months to identify ways to maximize reuse possibilities and minimize reuse costs. Following this, a customer-oriented plan for buyback programs will be developed for the Mantis community, and Orxa Energies anticipates more accessible financing schemes for Mantis going forward.
Content Credit: Express Mobility