Electric vehicle charging system company Exponent Energy has announced the appointment of automotive industry veteran Ravi Kharul as President – New Product Development (NPD). In his new role, Kharul will build and lead the NPD division and help scale up Exponent’s products.

Kharul, who has over 35 years’ work experience, joints Exponent Energy from Endurance Technologies where he was the Chief Technology Officer and led four R&D centres that developed key products such as an ABS for two-wheelers and also a state-of-the-art proving ground. Prior to Endurance, he was Vice-President - New Product Development for TVS Motors’ scooter and scooterettes division.

Commenting on Kharul’s announcement, Arun Vinayak, co-founder and CEO of Exponent Energy said, “We’re super excited to have Ravi join us at Exponent. The last two years for us were about the 0-1 journey where we demonstrated tremendous progress in our core rapid-charging tech, thanks to our engineering-first DNA and culture of innovation. Now it’s about the 1-to-100 journey, shifting gears to achieve meaningful scale through products on the road. Innovation needs to be paired with the right culture of reliability, process and cost effective manufacturing. With Ravi’s rich experience, the new NPD team will help us make rapid-charging the new norm in record time.”

Ravi Kharul, President, New Product Development, Exponent Energy said, “I’m excited to join Exponent on their journey to solve the global challenge of EV charging. Their holistic approach to unlocking 15-minute rapid charging convinced me to help chart a path for excellence in their product development endeavours.”

In early August 2022, Exponent Energy unveiled the world's fastest-charging electric three-wheeler in a partnership with Altigreen Propulsion Labs. The company has raised $18 million so far from Lightspeed, YourNest VC, 3one4 Capital, AdvantEdge VC, Motherson Group and the family office of Dr. Pawan Munjal, chairman and CEO, Hero MotoCorp.

Exponent Energy has built a battery pack and charging station called the e^pack and e^pump that together unlock a zero to 100% rapid charge within 15 minutes for EVs with any number of wheels, provide a 3,000 cycle life warranty and use affordable Li-ion cells.