Exponent Energy and Park+ partner to solve range anxiety by the end of 2023. Charging stations will be branded as “Park+ EV Zones powered by Exponent”
In an aim to simplify energy for EVs, Exponent Energy has partnered with Park+ to deploy 1,000 charging zones across India by the end of 2023, starting with Bengaluru. The partnership would help Exponent to build a dense e^pump network by leveraging the real estate and public parking spaces accessible to Park+. The companies are looking to solve the range anxiety that has come since recently. It is usually defined as the fear that an electric vehicle will not have enough battery charge to reach its destination.
The set-up stations would be branded as “Park+ EV Zones powered by Exponent.” Exponent Energy’s e^pack and charging station, e^pump allow a 15-minute full charge for exponent enabled vehicles.
Arun Vinayak, Co-founder, and CEO, Exponent Energy shared, “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 equals more energy, making the e^pump a far more profitable network.”
Amit Lakhotia, Founder & 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 discover 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. We look forward to a long and fruitful partnership with Exponent.”
Recently, Exponent announced the world’s fastest-charging electric three-wheeler in a partnership with Altigreen Propulsion Labs.
