Indian EV Charging Startup Exponent Eyes Funding to Grow Rapid Business

2023-08-12 05:56 AM by Alex Smith

Exponent Energy, a pioneering rapid charging startup based in India, is currently engaged in discussions with both new and existing investors to secure funding for the expansion of its energy services business to cater to three-wheeled passenger vehicles and buses, according to an interview with the company’s CEO conducted by Reuters. As the creator of …

The Future of Old EV Batteries: Automakers Explore Second Life Possibilities, Hinging on Initial Longevity

2023-06-28 12:59 PM by Alex Smith

Global automakers have been promoting the idea of reusing electric vehicle (EV) batteries once they lose power. However, the competition for battery packs, cell materials, and the demand for affordable cars raise doubts about the feasibility of this concept in achieving a circular economy. There are several startups that offer second-life energy storage using old …