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Arun Vinayak, Ather Energy's Founding partner and former chief product officer, will launch Exponent Energy. Sanjay Byalal, his colleague at Ather Energy and a former HUL supply chain and operations manager, has joined Arun, as a co-founder to drive Exponent’s larger vision for the EV industry.
Exponent aims to simplify energy for EVs by building a Flexible Energy Stack: a technology that enables seamless flow of energy & information between the grid & vehicle to unlock a universe of products.
The first line of products is a battery pack and charging station called e-pack and e-pump that together unlock a 0 to 100% rapid charge within 15 minutes for commercial vehicles with any number of wheels. All while using affordable Lithium-ion cells and delivering a 3000 cycle life warranty.
“The 0 to 1 shift where EVs drive better than ICE vehicles has happened. However, the 1 to 100 scale is shackled by how complex & disrupted energy flow is for EVs today - specifically between chargers and batteries leading to terrible charge times and battery life. The Indian EV space has massive potential ($206 Bn cumulatively by 2030). But to get there, we need to simplify energy for EVs by solving crucial deep tech problems,” Arun said.
- Regular charging solutions take anywhere between 4 to 8 hours to deliver a full charge
- Most batteries last only 3 years - primarily because of significant degradation during charging
- The best fast charging solutions in India are restricted to a few premium EVs, do a full charge within 50 minutes & have several caveats