IX Energy – Driving the Transition Through EV Conversions

IX Energy Private Limited, providing innovative electric mobility solutions through electric conversion kits, EV-as-a-service, and EV components. By reusing existing internal combustion engine (ICE) vehicles and converting them to hybrid or fully electric vehicles, IX energy makes the shift to sustainable transport more affordable and scalable.”

Their flagship products include:

• ⚡ Electric Synergy Drive (ESD) – A retrofit system that converts ICE buses or trucks into hybrid-electric vehicles, improving fuel economy by up to 25% without requiring charging infrastructure.
• 🔋 Electric Energy Drive (EED) – A retrofit solution that transforms ICE buses and trucks into fully electric vehicles by replacing engines and auxiliaries with advanced electric powertrains.

Beyond products, they offer customized retrofit kits for special-purpose vehicles, EV-as-a-service (rental), consulting and engineering services, and telematics solutions tailored to industry needs.

The Problem

Adoption of electric vehicles (EVs) in the commercial sector faces multiple barriers:

• 🚛 High Replacement Costs: Scrapping older vehicles and purchasing new EVs requires significant capital investment.
• ⚡ Infrastructure Challenges: Lack of adequate charging stations limits adoption.
• 🛠️ One-size-fits-all Limitations: Many fleet operators need customized solutions for unique demands.
• 🌍 Carbon Emissions: In-use ICE vehicles contribute heavily to air pollution and greenhouse gas emissions.

IX Energy provides an affordable, scalable, and circular solution by reusing existing vehicle structures and upgrading them with electric drivetrains — cutting both costs and emissions.

Circular Economy Alignment

IX Energy strongly aligns with circular economy principles by extending the lifecycle of vehicles rather than promoting scrappage and new manufacturing:

• 🔄 Reuse Over Replace: Retrofits give a second life to trucks and buses, avoiding waste and reducing demand for raw materials.
• 🌱 Emission Savings:
  
  • Manufacturing a medium truck (3.5 tons tare weight) emits ~11 tons of CO₂.
  • By retrofitting instead of manufacturing new, IX Energy saves ~11 tons of carbon per vehicle.
• ♻️ Material Efficiency: Avoids scrapping 3+ tons of reusable steel and rubber per vehicle, preventing waste and unnecessary recycling emissions.
• ⚡ Operational Carbon Cuts: ESD improves in-use fuel economy by up to 25%, while EED eliminates tailpipe emissions entirely.

This model exemplifies how reusing existing assets reduces resource strain, mitigates emissions, and accelerates the clean mobility transition.