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Exponent Energy's 1MW charging tech to cut electric bus costs by 30-40%

Business Standard LogoBusiness Standard6h ago

Exponent Energy's 1MW charging tech to cut electric bus costs by 30-40% - Business Standard

Quick Summary:

This reduction in battery size is intended to lower the initial cost of electric buses, as batteries represent a significant portion of the vehicle's overall expense.

He noted that while BYD’s recent unveiling of a 1MW charging system for cars in China attracted attention, Exponent’s technology is already operational in India.

In August 2024, Exponent partnered with Veera Vahana, a bus manufacturer, to introduce the rapid charging intercity bus Veera Mahasamrat EV.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 20:47:33 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 537 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27175831

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Official Website: business-standard.com

Update Frequency: 341 posts per day

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News Last Updated: 2 hours ago

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Publisher ID: #49

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