Collectively unveil the world’s quickest charging electrical 3-wheeler
- The automobile delivers a metropolis drive vary of 80-85 kms and expenses up in quarter-hour at Exponent’s e^pump charging community.
- The automobile has an 8.19kWh e^pack, a proprietary battery by Exponent, constructed utilizing common LFP cell chemistry, making this the primary speedy charging answer that’s inexpensive and scalable.
- Fast charging community of 100 e^pumps will likely be arrange in Bengaluru in FY’23. Different cities to comply with.
- Buyer deliveries will start in October 2022.
- Dr. Pawan Munjal, Chairman, and CEO, Hero MotoCorp has additionally invested an undisclosed quantity in Exponent Vitality from his household workplace.
India, August 3, 2022: Exponent Vitality, a start-up simplifying vitality for EVs, has introduced a partnership with Altigreen Propulsion Labs, a number one electrical business automobile producer, to make speedy charging a actuality for eCVs on Indian roads. They unveiled the quickest charging electrical 3-wheeler that speedy expenses from 0-100% battery capability inside quarter-hour.
The Exponent Enabled Altigreen neEV HD has an 8.19 kWh e^pack – a proprietary battery by Exponent. The automobile delivers a metropolis drive vary of 80-85 kms and expenses up in quarter-hour at Exponent’s e^pump community. That is achieved by the e^pump delivering 600A of present to the e^pack (15x business customary) whereas managing particular person cell traits together with thermals to make sure security, lengthy battery life, and efficiency consistency even at 50 levels Celsius.
Altigreen and Exponent accomplice to make 15-minute speedy charging a actuality for electrical business autos (eCVs)
Talking in regards to the first-ever 15-minute speedy charging deployment for CVs, Dr. Amitabh Saran, Founder & CEO, Altigreen Propulsion Labs, mentioned, “At Altigreen, we’re continually trying to push the boundaries of innovation for each autos and expertise. Our focus has all the time been the driving force; our endeavour is to exceed their expectations and that’s why we’re business leaders in driving vary, floor clearance, volumetric load capability and automobile pace. This partnership with Exponent will now make us the quickest charging 3-wheeler that provides flexibility and freedom to our prospects, and helps them earn much more.”
With a contemporary spherical of INR 300 Cr funding led by Sixth Sense Ventures, Reliance New Vitality, Xponentia Capital, and others, Altigreen is aggressively ramping up its R&D and manufacturing capabilities whereas creating a strong pan-India distribution community to supply one of the best and cleanest last-mile transportation. The identical will likely be used to supply the advantages of Exponent’s 15-minute speedy charging throughout India.
Elaborating on the partnership, Arun Vinayak, Co-founder & CEO, Exponent Vitality mentioned, “For all of India to go electrical, EVs must cost quicker and last more. Our e^pack & e^pump make this attainable with 15-minute speedy charging and 3000 cycle life guarantee (a brand new business customary). By being cell agnostic, we will leverage the present manufacturing ecosystem that produces LFP and NMC cells extensively, and scale a lot quicker. Altigreen’s engineering first method gave us the arrogance to work with them and made us realise they’re one of the best companions for us. Hats off to engineers at each Exponent and Altigreen for making speedy charging not solely an idea however a roadworthy actuality in such a brief time period.”
Exponent has collected information for hundreds of charging cycles (equal to many lakhs of kms) in 18 months of e^pack’s evolution. After 6 months of joint improvement and on-road testing with Altigreen, the answer has reached maturity to hit the market. A few of the milestones embrace 5 back-to-back speedy cost cycles on a automobile for a 400-km run in a single day; and clocking over 10,000 km of city-driving in a 40 day interval!
With their latest fundraise that included the household workplace of Dr. Pawan Munjal, Chairman, and CEO, Hero MotoCorp, Exponent Vitality is ramping up its e^pack manufacturing and establishing 100 e^pumps throughout Bengaluru in its first leg. Different cities will comply with, in affiliation with Altigreen.
Exponent Vitality has raised $6mn so removed from outstanding traders akin to Motherson Group, a number one international provider of automotive elements together with YourNest VC, 3one4 Capital, AdvantEdge VC, and angel traders Rajesh Yabaji, Co-founder & CEO, BlackBuck, Pushkar Singh, Co-founder & CEO, LetsTransport.
Learn: India is simply 46,000 EV charging stations away from matching infrastructure in US and China