PureEV records cost reduction by achieving energy efficiency
PURE EV, India's electric two-wheeler manufacturer, has made significant strides in sustainability and energy efficiency at its facility in Telangana.
PURE EV, one of India’s leading electric two-wheeler makers has recorded significant cost reductions by achieving energy efficiency at its facility in Telangana.
In its statement, the company claimed to have achieved notable operating cost reductions by combining a 500 KWh Energy Storage Solution (ESS) and a 125 KW solar power system with its diesel generator (DG) and grid electricity.
In comparison to the prior fiscal year, this strategy led to a 60% decrease in electricity prices and a 65% reduction in DG fuel costs in FY 2024. Further increasing operational efficiency was the 50% reduction in peak load KVA charges.
PURE EV intends to develop its infrastructure for renewable energy as part of its long-term sustainability strategy. The company plans to install an additional 500 KWh ESS and 125 KW of solar power capacity by FY 2026. Its goal of reaching net-zero carbon emissions at its headquarters and manufacturing sites will be expedited by this development.
In its statement, the company claimed to have achieved notable operating cost reductions by combining a 500 KWh Energy Storage Solution (ESS) and a 125 KW solar power system with its diesel generator (DG) and grid electricity.
In addition, it stated that consumers who traded in their previous models used these batteries for new purposes. For the most recent fifth-generation high-performance batteries from PURE EV. The company's dedication to environmental sustainability and its initiatives to promote a circular economy for electric vehicle (EV) batteries are highlighted by this creative strategy.
"Power Using Renewable Energy (PURE) is our genesis, and we are delighted to see our actions align with this philosophy," said Dr Nishanth Dongari, Founder and Managing Director of PURE EV, highlighting the company's dedication to renewable energy.