[Startup Bharat] Bhubaneswar-based Nexus Power is using crop

[Startup Bharat] Bhubaneswar-based Nexus Power is using crop residue to make EV batteries


A new study by CEEW Centre for Energy Finance has revealed that
electric vehicles will be a $206 billion opportunity for India by 2030. But to make this happen, the country will need an estimated annual battery capacity of 158 GWh by FY30.
It was to green this ambition and make a sustainable impact in the EV space that twin sisters
Nishita and
Bhubaneswar-based Nexus Power in 2019 to provide
battery technologies for electric vehicles.
Their idea was one: to build a green alternative as efficient and effective as other batteries available in the market.
Nexus Power is now building
biodegradable electric vehicle batteries from crop residue, focusing on batteries for electric two and three-wheelers.

Related Keywords

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