Tesla Power Launches ReStore: Refurbished Battery Brand in India
ReStore: The Refurbished Battery Brand by Tesla Power, a company focusing on batteries, has launched a new brand called ReStore. This initiative is the first-of-its-kind refurbished battery program in India.
Key Points:
- ReStore: Refurbishes used lead-acid batteries, extending their lifespan by 1-2 years.
- Cost-effective: Refurbished batteries cost nearly half the price of a new one and come with a warranty.
- Environmental benefit: Reduces battery waste – India throws away 10 crore lead-acid batteries annually, costing ₹40,000 crore.
- Economic benefit: Creates new jobs – Tesla Power expects 30,000 battery refurbishing centers to open, generating over 1 lakh jobs.
- Policy Alignment: Complies with India’s “Battery Waste Management Rules 2022” that promotes battery refurbishing.
- Sustainable Solution: Supports the Indian government’s focus on circular economy and sustainable waste management.
ReStore: The Refurbished Battery Brand by Tesla Power
ReStore: The Refurbished Battery Brand by Tesla Power
Tesla Power today announced the launch of ReStore, which it said is India’s first and foremost refurbished battery brand. The company is planning to launch 5000 “ReStore Battery Refurbishing Centers” in India by 2025 (500 of which are already operational).
The company said that its proprietary EBEP technology significantly 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 by refurbishing them. 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 the warranty, the company says.
