S0E5: Millionaire Mondays - Akshay Singhal, Log9 Materials
Manage episode 361740014 series 3377014
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. Connect with us: Twitter: https://twitter.com/bwmillionaires/ LinkedIn: https://www.linkedin.com/company/backstagewithmillionaires/ Instagram: https://www.instagram.com/backstagewithmillionaires/ Discord: https://discord.gg/XySGGhXKep Spotify: https://open.spotify.com/show/5rGPalovc6AKsfbOyjh32p#startup #entrepreneur #ev
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