Building an EV Battery Empire: Akshay Singhal, Log9 Materials - Backstage with Millionaires
Description
In this episode of the Backstage With Millionaires podcast, Caleb Friesen sits with Akshay Singhal, founder, and CEO of Log9 Materials, to discuss his entrepreneurial journey.
00:00 - Intro
03:10 - Inefficiencies in Fuel-Cells
05:01 - Disruption during the Pandemic
06:52 - Idea for Corona Oven
14:58 - Getting Back Stronger
28:30 - Tech Behind Log9 Efficiency
33:06 - Log9's Market Share
34:25 - Transition to two-wheeler Batteries
38:51 - Concept of Day Zero
42:42 - Outro
Akshay Singhal started his entrepreneurial journey in 2015 when he started Log9 Materials, to develop India's first commercial application of Graphene.
Currently, Log 9 Materials is using its core competence in Graphene nanotechnology to develop advanced energy storage technologies from the synthesis of electrode materials, and cell fabrication to pack assembly.
Their rapid charging battery packs solve the challenges in adoption for the two-wheeler and three-wheeler electric vehicle platforms while their Aluminum Fuel Cell technology is targeted towards the electrification of long haul, heavier vehicles.
Log9 currently has a 20% market share in the three-wheeler battery segment and going ahead they are planning to enter into bus and truck segment as well.
Till now, Log9 Materials has raised over $50 Million in funding.
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