Evolium Technologies provides sustainable and affordable energy storage for photovoltaic systems by salvaging and reconditioning lithium-ion cells from micro-mobility applications. Their modular battery architecture, built with robotically tested cells, offers repairability and long-term capacity guarantees through a subscription model.
Funding
Funding not disclosed
Founders
Product
Problem
The disposal of lithium-ion batteries from micro-mobility applications contributes to premature waste, while the cost and limited lifespan of new energy storage solutions present a barrier for small to medium-scale photovoltaic systems. This creates a need for more sustainable and cost-effective energy storage options.
Solution
Evolium Technologies addresses this by manufacturing and commercializing repairable, second-life batteries for photovoltaic storage. The company salvages lithium-ion batteries from micro-mobility partners, dismantles them to the cell level, and robotically tests individual cells. Approximately 80% of these tested cells are suitable for reuse in Evolium's modular battery architecture. This approach significantly reduces waste and provides a more affordable and durable energy storage solution compared to new battery systems. A subscription model offers long-term capacity guarantees, ensuring reliable and sustainable energy for users.
Target Audience
The primary customers are individuals and businesses with small to medium-scale photovoltaic installations requiring reliable and cost-effective energy storage solutions.
Features
- Salvages and reconditions lithium-ion cells from micro-mobility applications.
- Employs robotic cell testing to identify reusable components, achieving an ~80% reuse rate.
- Features a modular battery architecture designed for long-term repairability.
- Offers a subscription-based model providing capacity guarantees for extended operational life.
- Targets small to medium-scale photovoltaic storage applications.