TOKYO, June 7, 2023 – The 3DOM Alliance Group today announced that it has been awarded a new patent※ by the Japan Patent Office related to a system for offsetting greenhouse gas emissions from product manufacturing with emission credits and incorporating them into usage fees. The 3DOM Alliance Group will use this new addition to its rich intellectual property portfolio to provide a variety of products through lease or subscription services that incorporate emission credits to offset greenhouse gases emitted not only in operations, but also product manufacturing. noco-noco Pte. Ltd. (“noco-noco”), a Singapore-based decarbonization solution provider within the Group, has been granted an exclusive license to use the patent for business related to battery electric vehicles, internal combustion engine vehicles, and energy storage systems. ※Patent number: 7286212
The patent will be utilized in noco-noco’s carbon-neutral lease offering, in which the company provides vehicles and batteries to fleet operators via lease/subscription services after offsetting emissions from product manufacturing. noco-noco aims to make the service progressively carbon neutral by providing renewable energy for battery charging and further offsetting unavoidable emissions across the product lifecycle. The carbon credits used for offsets will include those generated by the company in its ongoing carbon abatement projects centered in Australasia.
Amid increasing pressure for decarbonization in the transportation sector, noco-noco’s business model is designed to alleviate financial and practical challenges associated with electric vehicle ownership and offer an accessible path to carbon neutrality for transport operators. noco-noco is currently working to implement the model in multiple projects across Asia, including through collaborations with Assemblepoint Co., Ltd. in the Philippines and the Kyushu Sanko Group in Japan.
This latest patent award underscores the 3DOM Alliance Group’s emphasis on intellectual property strategy as a fundamental tool to safeguard innovations and attract strategic partnerships, investors, and customers. noco-noco’s exclusive license ensures the company’s commercial advantage while fostering a conducive environment for further innovation and industry collaborations.
The 3DOM Alliance Group seeks to expand utilization of the patent across industries, acting on the Group’s “less is more” ethos by advocating a shift away from over-production and wasted assets towards circular economies across products, while taking tangible action to reduce and offset emissions to help mitigate environmental damage.
“Building a robust intellectual property portfolio plays a pivotal role in our pursuit of a sustainable future,” said Masataka Matsumura, CEO of noco-noco. “This patent not only helps strengthen our growth trajectory, but it also empowers us to drive transformative change and accelerate the adoption of decarbonization models and solutions.”
About 3DOM Alliance Inc.
Established in Japan in 2014, 3DOM Alliance Inc. strives to solve environmental problems through the research and development of cutting-edge technologies and business models that promote decarbonization and ecological conservation.
About noco-noco Pte. Ltd.
noco-noco Pte. Ltd. is a decarbonization solutions provider working to accelerate the global transformation to a carbon-neutral economy. From X-SEPA™, a revolutionary battery separator technology designed for long-lasting and high heat-resistant performance, to our carbon-neutral leasing platform for green transportation, noco-noco addresses the need for clean, affordable, and sustainable energy solutions. noco-noco is working towards a future where EV batteries come fitted with IoT devices for data-light, smart energy optimization and usage.