Altigreen Propulsion, Exponent Energy Launch Fastest E3W

Mobility Outlook Bureau
03 Aug 2022
06:19 PM
1 Min Read

Altigreen will start delivering the electric three-wheeler starting October 2022. Dubbed Altigreen neEV HD, it can be charged to run for 85 Km in 15 minutes

Altigreen neEV HD
Arun Vinayak & Dr Amitabh Saran with Altigreen neEV HD

Altigreen Propulsion Labs and Exponent Energy have partnered to launch the world’s fastest charging electric 3-wheeler (e3W) in India. Dubbed Altigreen neEV HD, the duo claims that this e3W, on a charge of 15 minutes, can be driven for 80 to 85 km.

This is achieved by the e^pump (charging station) delivering 600A of current to the e^pack (battery pack) while managing individual cell characteristics, including thermals, to ensure safety, long battery life, and performance consistency even at 50 degrees Celsius, noted Arun Vinayak, Co-founder & CEO, Exponent Energy. 

He said, “By being cell agnostic, we can leverage the existing manufacturing ecosystem that produces LFP and NMC cells extensively, and scale much faster. Furthermore, Altigreen’s engineering first approach gave us the confidence to work with them and made us realise they are the best partners for us.”

The vehicle has an 8.19kWh e^pack, a proprietary battery by Exponent, built using regular LFP cell chemistry, making this the first rapid charging solution for three-wheelers. Altigreen will start delivering the three-wheeler starting October 2022.

With a fresh round of INR 300 crore investment led by Sixth Sense Ventures, Reliance New Energy, Xponentia Capital, and others, Altigreen is aggressively ramping up its R&D and production capabilities. In addition, Exponent Energy, with its recent fundraising that included the family office of Dr Pawan Munjal, Chairman, and CEO, Hero MotoCorp, is ramping up its e^pack production and setting up 100 e^pumps across Bengaluru in its first leg.

Dr Amitabh Saran, Founder & CEO, Altigreen Propulsion Labs, said, “This partnership with Exponent will now make us the fastest charging 3-wheeler that offers flexibility and freedom to our customers, and helps them earn even more.” 

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