Nunam Tech and Orxa Energies collaborate to manage sustainable battery lifecycle
Thursday, 16 November 2023, 14:05 IST
Orxa Energies, a startup focused on electric vehicles (EVs) and energy systems, has teamed up with Nunam Technologies, a startup that specializes in reusing EV batteries in Bengaluru. The partnership aims to establish a closed-loop circular ecosystem for batteries to minimize waste and maximize environmental benefits. The goal is to create a circular value chain for Orxa’s batteries and maximize their environmental benefits. Partnering with Nunam Technologies is a strategic step to achieve this objective, according to the company's founders.
Nunam Technologies and Orxa are collaborating to extend the life of Orxa's flagship electric motorcycle, the Mantis. Nunam Technologies will help by transforming the used Mantis batteries into renewable energy storage systems, thereby reducing carbon footprint and making them more affordable for solar adoption. This move will also lower the Total Cost of Ownership (TCO) of the Mantis. In addition, both companies are working on a battery buyback mechanism, which will be available to Orxa's B2B customers and Mantis riders. The goal is to encourage sustainable practices and promote engagement.
“This partnership with Nunam Technologies aligns perfectly with our commitment to sustainability. 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,” Ranjita Ravi, Co-Founder, Orxa Energies, said. “It also complements our work in battery technology, drone technology for B2B applications, and aerospace and defence sectors. As we move forward, we foresee a future where our products contribute to a cleaner and greener environment,” she added.
Nunam Technologies emphasized its dedication to sustainable and climate-friendly technologies. Recognizing the pivotal role of such technologies in shaping the future, Nunam believes in building a bridge between mobility and clean energy by facilitating a second life for EV batteries. They are inspired by the passion of the creators of Mantis and look forward to working closely with Orxa Energies aiming to establish a genuinely green ecosystem.
Darshan Virupaksha, Co-founder of 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 maximize 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."
Over the next few months, Nunam will work with Orxa Energies to maximize the reuse of Mantis batteries while minimizing costs. This increases the buyback value of the batteries, and a customer-friendly buyback plan will result. The partnership sets an industry precedent for sustainability and innovation.
Nunam Technologies and Orxa are collaborating to extend the life of Orxa's flagship electric motorcycle, the Mantis. Nunam Technologies will help by transforming the used Mantis batteries into renewable energy storage systems, thereby reducing carbon footprint and making them more affordable for solar adoption. This move will also lower the Total Cost of Ownership (TCO) of the Mantis. In addition, both companies are working on a battery buyback mechanism, which will be available to Orxa's B2B customers and Mantis riders. The goal is to encourage sustainable practices and promote engagement.
“This partnership with Nunam Technologies aligns perfectly with our commitment to sustainability. 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,” Ranjita Ravi, Co-Founder, Orxa Energies, said. “It also complements our work in battery technology, drone technology for B2B applications, and aerospace and defence sectors. As we move forward, we foresee a future where our products contribute to a cleaner and greener environment,” she added.
Nunam Technologies emphasized its dedication to sustainable and climate-friendly technologies. Recognizing the pivotal role of such technologies in shaping the future, Nunam believes in building a bridge between mobility and clean energy by facilitating a second life for EV batteries. They are inspired by the passion of the creators of Mantis and look forward to working closely with Orxa Energies aiming to establish a genuinely green ecosystem.
Darshan Virupaksha, Co-founder of 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 maximize 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."
Over the next few months, Nunam will work with Orxa Energies to maximize the reuse of Mantis batteries while minimizing costs. This increases the buyback value of the batteries, and a customer-friendly buyback plan will result. The partnership sets an industry precedent for sustainability and innovation.
