Exponent Energy Completes 200 Three-Wheeler Retrofits in Bengaluru Pilot

Bengaluru-based EV technology company Exponent Energy announced that it has completed 200 electric retrofits of internal combustion engine autorickshaws in Bengaluru as part of a four-month pilot project run through its Exponent OTO platform.

The company stated that the retrofitted fleet has logged over 1.5 million kilometres and completed more than 25,000 charging sessions, helping it secure a 20% market share in the city's electric three-wheeler sector. Following the pilot, Exponent plans to scale its commercial retrofitment operations across other major Indian cities.

Why Exponent Energy Is Betting on Retrofits Over New EVs

Ayush Bhargava, Head of Business, Exponent Energy, said, "The 200 retrofits in Bengaluru show that there is a real opportunity to electrify the vehicles already on the road, rather than waiting for them to be replaced. For drivers, the retrofit model offers a more accessible path to EVs while allowing them to continue with the vehicle and service ecosystem they already know."