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Bengaluru's Exponent Energy disrupts EV market with 15-minute charging innovation
- Bengaluru-based Exponent Energy is disrupting India's electric vehicle sector with innovative 15-minute charging technology, addressing key EV adoption challenges.
- Founded in 2020 by Arun Vinayak and Sanjay Byalal Jagannath, the startup has reengineered battery economics and developed fast-charging infrastructure.
- CEO Arun Vinayak, an Ather Energy alumnus, and COO Sanjay Byalal Jagannath lead Exponent's strategies to overcome charging time and battery life barriers.
- Exponent's 15-minute charging system includes advanced Battery Management System (BMS) 2.0, predictive thermal control, and e^pump stations capable of delivering 1MW.
- Their optimized battery pack design with standard LFP cells offers smaller packs, reduced range anxiety, and a 3,000-cycle warranty—triple the industry standard.
- Exponent Energy has raised Rs 380.72 crore in funding and aims to deploy 1,000 charging stations and support 25,000 EVs in India by 2025.
- The company plans expansion into Delhi-NCR, Mumbai, and Chennai, with further exploration of ASEAN and African markets.
- Exponent's technical approach differs from global competitors like BYD, focusing on BMS algorithms, thermal management, and standard LFP cells for cost-effective solutions.
- Exponent's charging stations are designed for fleet use, offering cost advantages over competitors, and demonstrating a technology well-suited for local conditions.
- Their comprehensive strategy positions Exponent Energy as a potential model for EV infrastructure in emerging markets, with innovative financing solutions for fleet operators.
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