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Second life lithium ion batteries

  • Posted at : 2 months ago
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Nunam is an energy storage technology company and a 3-Year old Start-up, started in 2017 as an experimental project. We are building devices that run on used Lithium-Ion batteries from various sources. Thereby we want to bring down the cost of energy storage in a highly sustainable way and thereby reduce E-Waste, CO2 emissions and costs multifold at scale. This makes sure that our solution is truly circular for end-of-life recycling with our certified recycling partner. We are based out of Bangalore (India) and also run a few engineering activities in Berlin (Germany). A Video of our first prototype in 2017 can be found 
We need to model the financial model and business case for our approach on reusing batteries and hence mainly work on bottom-up metrics to project the business case relevant parameters, dynamics and dependencies to check if and how this approach of reusing batteries is commercially viable. This requires business analysis and modelling work around battery supply, logistics, our internal processing and technology elements; it requires significant effort and willingness to generate data from structured and unstructured sources with a “get going” attitude! Other business-related topics which are more qualitative are needed, too. The role is required starting immediately for a period of 3-4 months (extension and conversion to a full time role possible) on-site in Bangalore (our office is based exactly 



    • 2+ Years of demonstrated practical experience in business casing and modelling

    • Very Strong Excel & quantitative skills

    • Ability to generate business relevant data in a very unstructured environment in a market sector where not many existing historical data or reference points exist 

    • Key understanding and practical experience with balance sheet structures around topics like P&L, Cash flow management, working capital management, OPEX/CAPEX structure etc.

    • Ability and experience with volatility parameters and analysis

    • Extremely structured way of working, detail oriented and focused 

      • Academic background in Finance, Mathematics, Business Administration

      • Practical Start-Up experience