Only 13% degradation in battery after rapidly charging 3000 times: Exponent Energy

Exponent Energy, an energy-tech business with headquarters in Bengaluru, claims to have worked with TUV India, the country's branch of the German TUV NORD Group, to finish extensive testing of its electric vehicle batteries. Even after 3,000 cycles of 15-minute rapid charging of Exponent's proprietary battery pack, the e^pack, the testing results, according to Exponent, showed just 13 per cent battery deterioration.

Exponent is renowned for creating batteries that can be fully charged in under 15 minutes from empty. Li-ion batteries from the product were put through a strenuous series of 3,000 cycles of 15-minute rapid charging, which is equivalent to 1 full charge and discharge every cycle. The Exponent Energy product only showed a 13 per cent battery degeneration after such a rigorous charging routine.

The battery's performance is greatly above the industry's standard expectations, which aim for a maximum 30 per cent deterioration after just 1,500 cycles of sluggish charging.

Recently, Exponent Energy made news by partnering with Alt Mobility, a platform for business fleet leasing and lifecycle management, to lease 1,000 Exponent-powered Altigreen neEV Tez

electric 3-wheelers

Through the collaboration with Alt Mobility, Exponent Energy also obtained 5-year financing alternatives with EMIs that were 30% cheaper. With this financing arrangement, Exponent Energy hoped to increase market appeal by making its cutting-edge product more accessible to both enterprises and individuals.