In a significant move toward sustainable electric mobility, Orxa Energies, an EV and energy systems startup, has announced a strategic partnership with Nunam Technologies, a Bangalore-based startup specializing in repurposing EV batteries. This collaboration signifies a stride towards establishing a closed-loop circular ecosystem for batteries, underscoring the commitment of both entities to minimize waste and amplify environmental impact.
The partnership aims to forge a circular value chain for Orxa’s batteries, with Nunam Technologies playing a crucial role in extending the life of Orxa’s flagship electric motorcycle, Mantis batteries. This involves repurposing these batteries into renewable energy storage systems, benefiting solar adoption by offering more affordable batteries with a reduced carbon footprint. Additionally, this initiative aims to lower the Total Cost of Ownership (TCO) for the Mantis.
Both companies are actively developing a battery buyback mechanism for Orxa’s B2B customers and Mantis riders, fostering engagement centered around sustainable practices. Nunam Technologies is committed to sustainable and eco-friendly technologies, aiming to bridge the gap between mobility and clean energy by giving EV batteries a second life.
In the future, Nunam will collaborate with Orxa’s engineering team to identify ways to maximize reuse possibilities and minimize costs. This joint effort seeks to ensure the highest buyback value for Mantis batteries. And establish customer-centric buyback programs for the Mantis community. This alliance sets a new benchmark for sustainable practices in the electric mobility industry. Thus demonstrating a dedication to environmental responsibility and innovation.
Official Statements
“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.” said Ranjita Ravi, Co-Founder, Orxa Energies. “It also complements our work in battery technology, drone technology for B2B applications, and aerospace and defense sectors. As we move forward, we foresee a future where our products contribute to a cleaner and greener environment,”she added.
Darshan Virupaksha, Co-founder of Nunam Technologies said. “Evolving a circular value chain for batteries in the EV ecosystem is key aspect of 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.”