January 28th, 2025
Hyderabad-based electric two-wheeler pioneer PURE EV has joined hands with France’s BE Energy to bring cutting-edge lithium-ion battery reconditioning technology to India. This collaboration promises to transform EV ownership by doubling battery lifespan, cutting costs, and accelerating the shift toward sustainable transportation.
Redefining Battery Life and Costs
This partnership blends PURE EV’s BatricsFaraday technology with BE Energy’s advanced reconditioning systems to:
- Extend Battery Life: By doubling the lifespan of EV batteries, this technology addresses one of the biggest pain points for EV owners.
- Reduce Ownership Costs: Fewer battery replacements mean significant savings for users over time.
Dr. Nishanth Dongari, Founder and Managing Director of PURE EV, shared his optimism:
“This collaboration builds confidence among financial institutions and end users by improving the resale value of electric vehicles.”
Such innovations are expected to redefine EV ownership in India, making electric mobility more appealing and accessible.
A Strategic Move Toward Localization
In line with the Make in India initiative, BE Energy plans to establish its first Indian facility in Hyderabad’s Karmanghat IDA by the 2026 fiscal year. This strategic move supports:
- Local EV component manufacturing, reducing reliance on imports.
- Enhanced job creation in India’s green energy sector.
Bertrand Coste, Founder and Global President of BE Energy, remarked:
“Reconditioning end-of-life and defective batteries is a game-changer for sustainable energy practices, reducing waste and enhancing efficiency.”
Paving the Way for India’s EV Revolution
This collaboration addresses major adoption hurdles, including battery longevity and cost, which have deterred some buyers. Here’s what it means for the Indian EV landscape:
- Rapid Market Growth: With EV sales surging by 160% in 2023, this partnership boosts momentum in a rapidly expanding market.
- Financial Benefits: Longer battery life reduces overall ownership costs, easing adoption for price-sensitive buyers.
- Improved Loan Terms: Enhanced battery reliability could encourage banks and NBFCs to offer better financing options.
Such developments align with India’s ambitious goal of achieving 30% EV penetration by 2030, strengthening the nation’s resolve to transition to greener transportation.
The Driving Forces Behind the Initiative
- PURE EV: A Hyderabad-based pioneer in the EV space, PURE EV has manufactured over 60,000 electric two-wheelers since 2016, leading in battery technology innovation.
- BE Energy: A French leader in battery reconditioning with an established European presence, BE Energy brings global expertise to Indian shores.
Together, these companies are shaping a more sustainable, affordable, and eco-friendly future for EV users in India.