Evyon

About Evyon

Evyon is a forward-thinking startup that focuses on providing modular Direct Current (DC) battery energy storage solutions. The company repurposes used electric vehicle (EV) batteries, turning what would otherwise be waste into valuable energy storage units. These units are then sold to system integrators, who incorporate them into various energy storage solutions. This approach not only helps in managing waste but also contributes to a more sustainable future by maximizing the lifespan of EV batteries.

Evyon operates in the renewable energy market, specifically targeting the energy storage segment. The company’s clients are primarily system integrators—businesses that design and implement complex energy systems. These integrators use Evyon’s modular battery units to build customized energy storage solutions for a variety of applications, from residential to industrial.

The business model of Evyon revolves around the repurposing and selling of used EV batteries. By leveraging advanced battery intelligence and industrial processes, Evyon ensures that these repurposed batteries are safe, efficient, and cost-effective. The company generates revenue by selling these modular battery units to system integrators. Additionally, Evyon’s solutions are connected online, which helps in maximizing safety, performance, and longevity, adding further value to their offerings.

Evyon is backed by leading international and Nordic venture capital investors, which provides the company with the financial support and industry connections needed to accelerate its development. The company is also committed to making a significant impact on four of the United Nations' Sustainable Development Goals, emphasizing its dedication to sustainability and social responsibility.

In summary, Evyon is a company that transforms used EV batteries into valuable energy storage solutions, serving system integrators in the renewable energy market. The company makes money by selling these repurposed battery units, leveraging advanced technology to ensure they are safe, efficient, and long-lasting.