Describing the patented technology, Kurtis C Kelly, Chief Technical Officer, Firefly International informed that such batteries could extract more electricity per charge and endure more charging cycles. He believes that the environmentally friendly batteries would replace the conventional lead-acid batteries from vehicles. The relative life of batteries with carbon foam technology is said to be three times than that of the existing VRLA ones. The promoters of Firefly Energy India include the promoters of Ahmedabad based EV manufacturer, Electrotherm Ltd.