The partnership aims to create a circular value chain for Orxa’s batteries.
16 Nov 2023 | 1335 Views | By Autocar Pro News Desk
Orxa Energies, an electric vehicle (EV) and energy systems startup, has announced a strategic partnership with Nunam Technologies, to create a circular value chain for Orxa’s batteries.
Nunam Technologies is a Bengaluru-based startup specialising in the reuse of EV batteries. Nunam Technologies will play a pivotal role in extending ...
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Orxa Energies, an electric vehicle (EV) and energy systems startup, has announced a strategic partnership with Nunam Technologies, to create a circular value chain for Orxa’s batteries.
Nunam Technologies is a Bengaluru-based startup specialising in the reuse of EV batteries. Nunam Technologies will play a pivotal role in extending the life of Orxa’s flagship electric motorcycle Mantis batteries, and offer renewable energy storage systems, noted a press release.
The impact extends to the more affordable batteries for solar adoption with minimal carbon footprint and also lowers 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 emphasising sustainable practices.
“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, "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 2-3 months, the Nunam team will collaborate closely with Orxa Energies' engineering team to identify means of maximising reuse possibilities and minimising reuse costs. This effort aims to ensure the highest buyback value for Mantis batteries, and subsequently, a customer-oriented plan for buyback programs will be developed for the Mantis community, the release further stated.