JSW MG Motor India, in partnership with LICO Materials, a part of Epsilon Group, has unveiled the Battery Energy Storage System (BESS) as part of its ‘Project Revive’. The advanced BESS comprises repurposed MG ZS EV batteries and highlights the carmaker’s commitment of promoting circular EV economy by embracing innovation. Compared to traditional solutions, this product has a4X longer lifespan and can decrease running costs by upto 60%.
This is JSW MG Motor India’s fourth pilot project under Project Revive for second-life battery applications. The company is forging meaningful partnerships with organizations with a common goal of harnessing the potential of EV batteries beyond their primary lifespan. With significant innovations made over the previous initiatives, this project signifies the most advanced deployment till date by JSW MG Motor India. This project focuses on sustainability and highlights the potential of BESS technology to shape a clean energy future for India. BESS supports grid stability, reduces reliance on fossil fuels, and maximizes the use of renewable energy sources.
Speaking on the occasion, Neha Jain, Head EV and Innovation Ecosystem, JSW MG
Motor India, said, “Project Revive is an important initiative for us as it helps us make the EV ecosystem more sustainable by infusing a second life into our EV batteries. Through
meaningful partnerships, we are committed to creating a gamut of sustainable energy storage solutions for diverse applications. Our partnership with LICO Materials is a testament to furthering this commitment by developing unique solutions that combines advanced technology with environmental responsibility. I am certain that successfully deploying unique initiatives under ‘Project Revive’ aids in bringing circularity in the EV
ecosystem and paves the way for a greener and more sustainable future.”