Under the agreement, Montra Electric will launch rapid charging electric three-wheelers with Exponent’s 8.8 kWh battery. As per the company, the three-wheelers’ batteries can be charged from 0-100 percent in just 15 minutes at Exponent’s EV charging stations.
Exponent is offering 3000-cycle life warranty even with 100% rapid charging. This technology was independently validated by TUV India (TUV Nord Group, Germany) which reported only 13% degradation after 3000 cycles of rapid charging, the company claimed.
Exponent Energy has made 15-minute rapid charging an on-road reality using its proprietary energy stack (battery pack – e^pack, charging station – e^pump, and connector – e^plug). They solve two key challenges with 15-minute rapid charging: Lithium plating & extreme heat.
The company’s proprietary BMS & charging algorithms ensure minimal Lithium plating resulting in the e^pack’s long life. To tackle extreme heat, the company has innovated with the world’s first “water-based” offboard thermal management system using an advanced HVAC system in the e^pump.
Announcin the partnership, Sushant Jena, Head of Montra Electric three-wheeler division, said, “We are excited to partner with Exponent Energy to offer a 15-minute Rapid charging option to our valued customers. It’s a perfect fit in our product proposition, addressing the range anxiety of our customers who are looking to do more trips everyday.”Arun Vinayak, Co-founder & CEO, Exponent Energy said, “It’s a privilege to be partnering with Montra Electric to rapidly electrify last-mile mobility. With their strength in vehicle design, manufacturing, distribution, and financing with our focus on energy tech and rapid charging network, we will together launch zero compromise EVs.”Further, he added, “15-minute rapid charging kills charging anxiety and is crucial to delivering uptime and flexibility in operations needed for last-mile mobility. Like refueling a diesel vehicle, customers will enjoy the same level of freedom as ICE vehicles, while reaping all the advantages of going electric.”
Exponent has already launched commercial operations in Bengaluru with the support of 30+ e^pumps and a few hundred vehicles delivered to customers in the last quarter. The company will expand its operations in five more cities – Delhi NCR, Mumbai, Hyderabad, Chennai, and Ahmedabad and will deploy 1,000 e^pumps and power 25,000 EVs by 2025, says the official statement.
