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Montara Electric Forms Alliance With Exponent Energy


By Priya SinghUpdated On: 22-Sep-2023 10:46 AM
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ByPriya SinghPriya Singh |Updated On: 22-Sep-2023 10:46 AM
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Montara Electric has partnered with Exponent Energy to create rapid-charging electric three-wheelers that will offer innovation to the electric vehicle market.

This collaboration represents an advancement in sustainable transportation options. Both companies want to produce 3-wheelers that can be charged fast, making them more convenient for consumers and decreasing downtime by combining Montara Electric's expertise in electric vehicles with Exponent Energy's cutting-edge technology.

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Montara Electric, the EV brand of Murugappa Group, has partnered with Exponent Energy, an energy-tech startup. The main aim of this collaboration is to create rapid-charging electric three-wheelers that will offer innovation to the electric vehicle market.

This partnership means that Montara Electric and Exponent Energy will join forces to make rapid-charging electric 3-wheelers.

As per Sushant Jena, Head, Montra Electric 3W Division, Exponent Energy will provide a 15-minute Rapid charging option to Montara Electric customers as part of the partnership,

Furthermore, Montra Electric will release a rapid charging 3W vehicle that will be equipped with Exponent's 8.8 kWh epack and will achieve zero to 100% charge in 15 minutes at Exponent's epump charging network while also being slow charged at home.

This collaboration represents an advancement in sustainable transportation options. Both companies want to produce 3-wheelers that can be charged fast, making them more convenient for consumers and decreasing downtime by combining Montara Electric's expertise in electric vehicles with Exponent Energy's cutting-edge technology.

According to Arun Vinayak, Co-founder and CEO of Exponent Energy, 15-minute rapid charging eliminates charging anxiety and is critical to achieving the uptime and flexibility in operations required for last-mile mobility.

Also Read: Euler Motors and SIDBI Join Forces to Drive Electric Mobility Financing

Customers would have the same amount of freedom as ICE vehicles when refuelling while reaping all of the benefits of adopting electric, he noted.

Rapid charging is an important factor in the adoption of electric vehicles since it minimizes the time required to charge the vehicle's battery. As a result, it will make it more practical for commercial and personal use. Montara Electric and Exponent Energy are dedicated to the advancement of this technology in order to create cleaner and more efficient mobility options.

With the Murugappa Group's reputation for quality and innovation and Exponent Energy's commitment to energy-efficient solutions, this collaboration is expected to have an impact on the electric vehicle industry, providing consumers with a more sustainable and convenient option for their transportation needs.

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