Tesla Power India launches refurbished battery brand – ReStore – ET Auto

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The refurbished batteries under the brand name of “ReStore” will be sold to the customer at almost half of the cost of a new inverter battery along with warranty.

New Delhi: Tesla Power India introduced ReStore, a refurbished battery brand supporting self-reliance, skill development, and green technology.

This initiative is led by the Gurgaon-based Tesla Power India Private Limited, with global headquarters in Delaware, USA. Its Electro-Chemical Battery Enhancement Process (EBEP) is poised to transform the battery industry landscape, the company said in a media release.

Tesla announced plans to launch 5000 “ReStore Battery Refurbishing Centers” in India by 2025, with 500+ already operational across the country. “This strategic move exemplifies Tesla Power India’s dedication to Atmanirbhar Bharat, Skill India, Circular Economy and Sustainable Environment,” the company said.

According to the company, the proprietary EBEP technology extends the lifespan of all types of Lead acid batteries, including tall tubular inverter batteries and UPS VRLA batteries, offering a cost-effective solution that can extend the battery’s life by 1 to 2 years. The refurbished batteries under the brand name of “ReStore” will be sold to the customer at almost half of the cost of a new inverter battery along with warranty.

The launch of brand “ReStore” is in compliance with the “Battery Waste Management Rules 2022” wherein the CPCB has recognized Battery Refurbishing as an approved business activity. This change in the policy and rules will open up a new service industry and approximately 30,000 battery refurbishment centers are expected to open up in India giving employment opportunities to more than 1 lakh people, the company said.

Approximately 10 crore lead acid batteries are scrapped and replaced every year in India, costing INR 40,000 crore to the Indian economy. This strategic move addresses both the economic strain from battery replacements and the environmental hazards linked to improper disposal. It also promotes circular economy and sustainability through innovative battery waste management.

Kavinder Khurana, Managing Director of Tesla Power India, said, “ReStore is not just a refurbished battery brand; it’s also a solution for employment generation in a new battery service industry, which will contribute to a sustainable environment.”

“By offering affordable refurbished batteries with performance warranty, we aim to not only redefine the market but also to train the micro and small entrepreneurs on our Electro-chemical battery enhancement process (EBEP technology) which has been proven as a game-changer, as we have already refurbished more than 3 Lac batteries using our proprietary technology”, Khurana added.

  • Published On Jan 4, 2024 at 04:59 PM IST

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