betteries recycles second-life batteries for electric vehicles (EVs) to accelerate the transition to renewable energy. The company is well positioned to achieve scalable CO2 savings and protect scarce resources. The business model takes into account the principles of the circular economy by ensuring recycling at the end of the second life cycle and significantly reducing costs for customers through the battery-as-a-service offering.
The company’s first priority is to provide low-cost energy storage that can power mobility devices and work tools for people with limited resources. The “betterie” is designed for rickshaws used by African and Indian workers and can be rented on a long or short term basis.