Evyon

Evyon is a Norwegian company that builds second-life battery energy storage systems (BESS) from retired electric-vehicle (EV) batteries. The company was founded in 2021 and is headquartered in Oslo, Norway. Its core proposition is to extend the useful life of EV battery packs that are no longer suitable for automotive use but still retain substantial capacity, repackaging them into stationary storage units for commercial and industrial applications. Evyon's product line centres on modular battery energy storage systems that can be used for peak shaving, load shifting, backup power, and increasing self-consumption of on-site renewable generation. The company targets commercial and industrial customers, as well as grid and utility applications, and positions itself within the circular-economy segment of the energy transition — combining battery reuse with energy storage deployment. The company operates primarily in Norway and the wider European market. It is privately held and has attracted venture and strategic investment to scale its manufacturing and deployment activities. As a relatively young company, Evyon is part of a growing cohort of European firms seeking to build a domestic second-life battery industry as EV adoption increases and the volume of retired packs grows. Evyon's approach addresses two problems simultaneously: the mounting waste stream from first-generation EV batteries, and the need for flexible, low-cost energy storage as renewable generation expands. By reusing battery cells and modules rather than immediately recycling them, the company aims to capture additional value from batteries before they are ultimately recycled at end of life.

Evyon was founded in 2021 in Norway to address the emerging challenge of retired electric-vehicle batteries and the growing need for stationary energy storage. The company is headquartered in Oslo and operates in the second-life battery space, repurposing EV battery packs that no longer meet automotive requirements into battery energy storage systems for commercial, industrial, and grid applications. The company emerged during a period of rapid EV adoption in Norway and Europe, which created both a future supply of used batteries and policy momentum toward circular-economy solutions. Evyon's model is to collect, test, and reassemble used battery modules into modular storage systems, extending their useful life before eventual recycling. Evyon has raised venture funding to develop its technology and scale production. It has participated in European energy and battery-industry initiatives and has partnered with stakeholders across the battery value chain. The company remains privately held and continues to develop its product portfolio and market presence in Norway and Europe.

• 2021

  Evyon founded in Norway.

Circular-economy battery storage provider focused on repurposing retired EV batteries for stationary energy storage.

• Second-life battery energy storage systems

  Modular stationary storage systems assembled from retired EV battery packs for commercial, industrial, and grid applications.

1. 1Evyon — Wikidatawikidata.org
2. 2Evyon official websiteevyon.com