Exponent Energy and Park+ to set up 15-minute rapid charging stations across India

EV energy start-up Exponent Energy and charger installer Park+ to set up 1,000 zones will be set up in parking lots across India.

Autocar Professional BureauBy Autocar Professional Bureau calendar 10 Dec 2022 Views icon4697 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Exponent Energy and Park+ to set up 15-minute rapid charging stations across India

EV energy start-up Exponent Energy and EV charger installer  Park+ have partnered to set up 1,000 charging zones across India by the end of 2023, starting with Bengaluru.

The partnership will help Exponent to build a dense EV charger network by leveraging the real estate and public parking spaces accessible to Park+.

The charging stations setup, jointly branded as ‘Park+ EV Zones powered by Exponent’, will be deployed across high-demand hotspots of vehicle deployment and towards high EV usage regions.

Exponent Energy claims that by using its battery pack (e^pack) and charging station (e^pump), it can deliver a 15-minute full charge on Exponent-enabled vehicles. In August this year, the company announced the world's fastest-charging electric three-wheeler in a partnership with Altigreen Propulsion Labs.

Arun Vinayak, co-founder and CEO, Exponent Energy said, “We’ve already established the new norm for a seamless charging experience through our 15-minute full charge. The next step is to make finding an e^pump as easy as a petrol pump. With Park+ and its nationwide network of structured parking spaces, we aim to achieve just that, starting with Bengaluru. Rapid charging unlocks a much higher vehicle throughout on the same piece of land. More vehicles equal more energy, making the e^pump a far more profitable network.”

Commenting on the partnership, Amit Lakhotia, founder and CEO, Park+, said: "Park+ has been making conscious efforts to partner with like-minded brands to nurture the Indian EV ecosystem. As part of this strategy, we are excited to collaborate with Exponent to build a robust battery charging network across India. Exponent and Park+ users will now be able to use these ‘Park+ EV Zones powered by Exponent’ to charge their battery packs within 15 minutes. Additionally, we also aim to activate over 10,000 Park+ EV Zones across India, in the next 15 months, to make EV charging accessible and hassle free.”

 

 

RELATED ARTICLES
Bajaj Auto launches new Chetak 3503 at Rs 110,000

auther Autocar Professional Bureau calendar29 Apr 2025

The Chetak 3503, with a claimed range of 155km, 63kph top speed and a slower charging time than its 35 Series siblings, ...

Hyundai walks the eco talk with biogas plant, material recovery plant in Gurugram

auther Autocar Professional Bureau calendar22 Apr 2025

Operational since October 2022, the facility targets sustainable waste management in Gurugram by undertaking scientific ...

Rajiv Bajaj reappointed MD and CEO of Bajaj Auto for five-year term

auther Autocar India calendar19 Mar 2025

Bajaj Auto’s Board of Directors has approved the re-appointment of Rajiv Bajaj as the company’s MD and CEO for another f...