Automobile

This Bengaluru startup promises to charge EVs in 15 minutes. Can it prove its technology at scale?

By Eduardo Saverin

Exponent Energy is a promising developer of lithium-ion-based ultra-fast-charging batteries for EVs. Image credit: By Special Arrangement

Synopsis

Exponent Energy was set up in 2020 by Ather Energy co-founder Arun Vinayak and Sanjay Byalal, who led hardware sourcing and cell strategy at the e-scooter maker. The company already has some takers such as EV cargo company Altigreen. While Exponent’s solution offers some significant financial benefits, ultra-fast charging is a difficult technology to pull through.

October 2020. Bengaluru-based Ather Energy had completed seven years. It was just a few months into the Covid-19 pandemic but to the surprise of many, Ather 450X electric scooter sales were slowly coming back to pre-covid levels and the company was leading maker of e-scooters above INR1 lakh ahead of Bajaj and TVS. Ather’s product was being talked about for its long range, reliability, and modern features. But Arun Vinayak, co-founder and chief

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9 mins read, Last Updated:

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Eduardo Saverin