TDK Corporation’s subsidiary, TDK Ventures, has made a strategic investment in Exponent Energy, a trailblazing innovator in battery technology and charging systems.
Fresh from their involvement in building the electric two-wheeler major Ather, a prominent EV startup in India, Exponent Energy’s founders, Arun Vinayak and Sanjay Byalal Jagannath, have spearheaded a team of highly skilled technical experts. Together, they aim to address critical gaps in the Indian battery market, focusing on cost efficiency and last-mile logistics.
At the heart of Exponent’s innovations lies its proprietary energy stack, comprising the battery pack (e^pack), charging station (e^pump), and charging connector (e^plug). This suite enables a rapid 0 percent-100 percent charge in just 15 minutes for EVs, backed by a remarkable 3000-cycle lifetime warranty utilizing regular LFP cells.
Exponent collaborates with original equipment manufacturers (OEMs), integrating its e^pack to create a rapid charging variant. Simultaneously, the company establishes a network of e^pumps, facilitating seamless charging for users operating Exponent-powered EVs, particularly in logistics operations.
Over the past nine months, Exponent’s technology has gained strong traction in the Indian market, achieving product-market fit. More than 500 Exponent-powered EVs have covered over 3 million kilometers, completing over 60,000 rapid charging sessions, demonstrating the robustness and reliability of their solutions.