PURE EV partners with BE Energy to launch battery reconditioning technology in India
Notable because
India’s EV sector is booming, with ~1.6 million sales in FY25. As the sector grows, the demand for batteries will rise and could reach 158 GWh by FY30. Currently, replacing ageing batteries with new ones increases overall ownership costs.
The newly announced first-of-its-kind partnership introduces battery reconditioning, significantly extending EV and improving the total cost of ownership. It may boost the secondary market for EVs by instilling confidence in their resale value and by unlocking better financing terms.
What to look out for in the months ahead
Can this innovative battery reconditioning technology rapidly scale to meet the demands of the growing EV sector?
How will the underlying challenges, like standardised protocols, supply chain issues, and safety concerns be addressed?