Orxa Energies has announced a strategic partnership with Nunam Technologies, a Bangalore-based startup specialising in EV battery reuse.
The partnership aims to create a circular value chain for Orxa's batteries, particularly the flagship electric motorcycle, Mantis. Nunam Technologies will play a role in extending the life of Mantis batteries by repurposing them into renewable energy storage systems, promoting affordability and minimal carbon footprint for solar adoption.
The initiative also includes the development of a battery buyback mechanism for Orxa's B2B customers and Mantis riders, fostering engagement with sustainable practices.
Over the next 2-3 months, the Nunam team will collaborate closely with Orxa Energies' engineering team to identify reuse possibilities and minimize costs. The goal is to ensure the highest buyback value for Mantis batteries, paving the way for more affordable financing schemes for the Mantis community in the future.
Ranjita Ravi, Co-Founder, Orxa Energies, stated, 'As we move forward, we foresee a future where our products contribute to a cleaner and greener environment.'
Darshan Virupaksha, Co-founder, Nunam Technologies, said that the initiative aims to contribute to clean energy requirements in India, focusing on applications such as off-grid energy storage, micro-grids, and solar-powered machines for agriculture and cottage industries.