Orxa Energies, a leading electric vehicle and energy systems startup, has formed a strategic partnership with Nunam Technologies, a Bengaluru-based startup specializing in reusing EV batteries. The collaboration aims to establish a closed-loop circular ecosystem for batteries to reduce waste and maximize environmental benefits.
By teaming up with Nunam Technologies, Orxa Energies is taking a crucial step towards achieving its goal of maximizing the environmental benefits of its battery packs. Nunam Technologies will play a vital role in extending the life of Orxa’s flagship electric motorcycle Mantis batteries by repurposing them as renewable energy storage systems. This not only contributes to sustainability but also lowers the Total Cost of Ownership (TCO) of the Mantis.
In addition to extending battery life, both companies are actively working on a battery buyback mechanism for Orxa’s B2B customers and Mantis riders. This initiative fosters engagement and emphasizes sustainable practices, creating a truly green ecosystem.
“This partnership with Nunam Technologies aligns perfectly with our commitment to sustainability,” said Ranjita Ravi, Co-Founder of Orxa Energies. “It also complements our work in battery technology, drone technology, and aerospace and defense sectors. As we move forward, we foresee a future where our products contribute to a cleaner and greener environment.”
Nunam Technologies shares a similar commitment to sustainability and climate-friendly technologies. They aim to bridge the gap between mobility and clean energy by giving EV batteries a second life. By repurposing Mantis batteries for off-grid energy storage, micro-grids, and solar-powered applications in agriculture and cottage industries, Nunam Technologies contributes to India’s clean energy requirements.
Over the next few months, the Nunam team will collaborate closely with Orxa Energies’ engineering team to identify opportunities for maximizing reuse possibilities and minimizing costs. The goal is to ensure the highest buyback value for Mantis batteries, enabling more affordable financing schemes for Mantis in the future.
This partnership between Orxa Energies and Nunam Technologies sets a precedent for sustainable practices in the electric mobility industry. It showcases their commitment to environmental responsibility and innovation, driving the industry towards a cleaner and greener future.
1. What is Orxa Energies?
Orxa Energies is an electric vehicle and energy systems startup focused on developing sustainable transportation solutions.
2. What is Nunam Technologies?
Nunam Technologies is a startup specialized in repurposing and reusing EV batteries to minimize waste and maximize environmental benefits.
3. What is the purpose of the partnership between Orxa Energies and Nunam Technologies?
The partnership aims to establish a closed-loop circular ecosystem for batteries, extending the life of Orxa’s electric motorcycle batteries and repurposing them as renewable energy storage systems.
4. How will this partnership benefit the environment?
By reusing batteries, the partnership reduces waste and contributes to a greener and cleaner environment.
5. What other initiatives are Orxa Energies and Nunam Technologies working on?
They are actively developing a battery buyback mechanism for B2B customers and Mantis riders, encouraging sustainable practices and fostering engagement.