“Revolutionizing Three-Wheeler Transportation: Exponent Energy’s Rapid 15-Minute Charging for India”
Currently, Exponent Energy has 60 charging stations in six cities: Delhi-NCR, Bengaluru, Chennai, Ahmedabad, Kolkata and Hyderabad.
Vinayak told TechCrunch that Exponent Energy’s charging stations offer 10x efficiency by charging 20 to 30 vehicles daily, whereas other EV charging stations typically charge two vehicles.
Similarly, setting up an Exponent charging station costs nearly $6,000 (500,000 Indian rupees), while a CNG station demands hundreds and thousands of dollars.
This has restricted the availability of CNG to around 60 stations in Bengaluru, while Exponent Energy already has 40 charging stations in the city, the executive said.
It is also looking to deploy its charging tech on electric buses in India later this year.