Exponent Energy Opens First Sales Point In Bengaluru
- By MT Bureau
- December 01, 2025
Exponent Energy, an energy-tech company based in Bengaluru, has opened its first Exponent Sales Point (ESP) Store in Laggere, Bengaluru. The outlet will showcase the full range of Exponent-enabled three-wheelers and serve as a destination for customers. The store will also operate as a retrofit touchpoint for converting existing CNG/LPG passenger three-wheelers into electric vehicles.
The store creates direct access for auto drivers to explore Exponent-enabled vehicles, experience 15-minute rapid charging, understand the retrofit process and take test drives. Drivers can drop off their CNG or LPG autos and pick up their EV retrofits within 24 hours. Exponent plans to add over 15 touchpoints across Bengaluru by the end of FY2026.
Exponent has launched 5 three-wheelers in partnership with OEMs such as Montra Electric (the Murugappa Group) and Kinetic Green. The store brings all Exponent-enabled models under one roof, allowing customers to explore and purchase with financing options and documentation. Every vehicle comes with a five-year warranty or 3,000 charging cycles. With zero to 100 percent 15-minute rapid charging and access to Exponent’s 70-plus charging points across Bengaluru, the company aims to make the shift to electric practical.
Ayush Bhargava, Head of Business, Exponent Energy, said, “Our first ESP store gives drivers a firsthand experience of the full Exponent ecosystem, from exploring our range of Exponent-enabled vehicles to seeing how existing vehicles can be upgraded. This is a buying experience auto drivers have never had before, combining clarity, choice and convenience under one roof. With this store, we are setting the foundation for a faster, more accessible EV transition and plan to replicate this model across more cities soon. When drivers see how easily they can switch to EVs at lower running costs, the shift becomes inevitable.”
In November 2025, Exponent Energy entered the EV retrofit business with its newly launched retrofit technology, Exponent Oto, capable of converting any CNG or LPG auto into an electric vehicle in just 24 hours. With zero down payment, flexible EMIs and an assured buyback after three years, Exponent makes the transition to electric simple. Exponent Oto allows drivers to save up to INR 5,000 every month, even after accounting for charging and EMI costs.
Exponent was co-founded in 2020 by ex-Ather executives Arun Vinayak and Sanjay Byalal. The company worked on its battery pack (e^pack), charging station (e^pump), and charging connector (e^plug) that together unlock a 15-minute rapid charge and give 3,000 cycle life warranty for EVs – all done on a range of lithium-ion cells.
The company has over 2,500 EVs powered by Exponent tech on the roads of India, 150-plus charging stations, over 1 million rapid charging sessions completed and over 50 million kilometres covered. The company has expanded to four new cities within two years.
Toyoda Gosei Achieves Automotive SPICE Level 2 For Software Development Quality
- By MT Bureau
- April 17, 2026
Toyoda Gosei Co., Ltd. recently received independent verification from third-party certification body SGS Japan Inc. confirming that it has reached capability Level 2 under the Automotive SPICE international standards, which evaluate the quality of automotive software development. This achievement reflects a major step forward in the company’s software engineering practices.
As next-generation software-defined vehicles become more common, where performance increasingly depends on digital systems, developing software that enhances product value has grown essential. Toyoda Gosei has responded by integrating electronic components with its traditional rubber and plastic products. The company has therefore established structured processes and strengthened its software development systems, which serve as the foundation for creating advanced products.
Specifically, within an interior lighting project, the company has achieved capability Level 2 in Automotive SPICE international assessment standards, confirmed by a third-party organisation that the company’s software development processes demonstrate systematic execution and proper management, achieving a uniform level of maturity. Moving forward, Toyoda Gosei aims to continue producing higher value products that contribute to more comfortable mobility spaces.
Geely Auto Launches i-HEV Intelligent Hybrid Technology
- By MT Bureau
- April 15, 2026
Chinese automotive major Geely Auto has officially launched its i-HEV Intelligent Hybrid technology, which enters mass production immediately with the system slated for deployment across several models this year, including the Preface, Monjaro, Starray, and the fifth-generation Emgrand.
The technology utilises an artificial intelligence system and a dedicated hybrid powertrain to address historical gaps in fuel efficiency and smart feature integration.
The i-HEV system is built upon the i-CMA architecture, a hybrid-optimised version of the CMA platform that centralises the control of driving, cockpit and chassis functions.
A primary feature is the AI Cloud Power management system, which monitors exterior data such as temperature, humidity and altitude to optimise petrol-electric energy distribution. The company reports that this self-optimising strategy improves energy efficiency by more than 10 percent, while the engine achieves a thermal efficiency of 48.41 percent.
By decoupling the internal combustion engine (ICE) from the electric motor, the i-HEV adopts a motor-led layout designed to provide an electric-drive experience without external charging. The electric motor delivers up to 230kW, allowing the vehicle to operate on electricity for approximately 80 percent of the time. Performance data indicates a claimed zero to 30 kmph acceleration time of 1.84 seconds and a top speed of 66 kmph in electric mode.
The i-CMA architecture incorporates physical separation between oil and electric systems to enhance safety. Battery protection is managed through the Geely Battery Safety System, which includes a liquid-cooled battery with an IP68 resistance rating. The system is capable of real-time prediction for over 50 fault types.
Jerry Gan, CEO, Geely Auto Group, said, “Energy diversification is a strategic foresight for Geely Auto. A company’s true strategic focus is ensuring every path leads to the future, which tests the technological depth and powerful energy resilience of our entire system. The new i-HEV perfectly embodies this resilience, serving as a powerful testament to how artificial intelligence can elevate hybrid efficiency and performance to new industry standards.”
Tsuyo Among Deeptech Delegation To Japan Amid EV Expansion
- By MT Bureau
- April 14, 2026
Tsuyo Manufacturing (Tsuyo), an electric vehicle (EV) powertrain manufacturer, has been named as one of 15 Indian startups selected to represent the country in the deeptech category as part of the CII CIES Startup Delegation to Japan 2026.
The selection allows Tsuyo to engage with Japanese corporations during a period of increased EV expansion in Japan, aiming to establish long-term collaborations in engineering and supply chain integration.
The company specialises in electric powertrain solutions for three-wheelers, light commercial vehicles and heavy commercial applications, with a portfolio ranging from 0.5 kW to 400 kW.
Till date, Tsuyo has sold more than 200,000 motors and maintains partnerships with over 50 original equipment manufacturers (OEMs). The firm operates two manufacturing facilities in Greater Noida and focuses on research and development in collaboration with institutions such as the IITs and NITs.
In addition to its international engagement, Tsuyo recently received Single Window Clearance from the Government of Karnataka for a 20-acre manufacturing and validation campus in the Dharwad–Hubli region. This facility is intended to serve as a hub for the design, testing and large-scale production of powertrain components, reducing the domestic industry’s reliance on imported technology.
Vijay Kumar, Founder and CEO, Tsuyo Manufacturing, said, “Being selected for the CII CIES delegation is a proud moment - not just for Tsuyo, but for the evolution of India’s deeptech ecosystem. At Tsuyo, we see ourselves as a new age EV deep tech startup focused on co-creation, where innovation is built collaboratively across borders. India has the potential to engineer and scale world-class EV powertrain technologies, designed for real-world conditions and global applicability. Japan represents a strong strategic partner with its legacy of engineering excellence and disciplined manufacturing culture. Through this engagement, we aim to explore joint development opportunities, enable deeper supply chain integration, and contribute to the broader ‘Build India’ vision by strengthening local capabilities with global collaboration. Our approach to co-creation goes beyond technology - it extends to building robust supply chains, advancing futuristic mobility solutions, and aligning with the high standards of Japanese engineering. This is how we believe India will transition from being a growing EV market to a globally competitive EV technology hub.”
Ola Electric Intros S1 X+ E-Scooter With In-House 4680 Bharat Cell
- By MT Bureau
- April 13, 2026
Ola Electric has introduced the S1 X+ 5.2 kWh electric scooter, featuring the company’s indigenously developed 4680 Bharat Cell. The company claims that the launch marks the first time this cell technology has been integrated into a mass-market product. The e-scooter is available at an introductory price of INR 129,999 until 15 April.
The S1 X+ 5.2 kWh utilises an 11 kW mid-drive motor and an integrated motor control unit, providing a claimed top speed of 125 kmph and an IDC range of 320 km. It features a brake-by-wire system and front disc brakes. The use of the Bharat Cell reflects the company's strategy of vertical integration, which encompasses cell development, battery pack engineering and vehicle manufacturing.
Currently, Ola Electric’s portfolio includes the Gen 3 S1 scooter series and the Roadster motorcycle range. The S1 Gen 3 line-up consists of the S1 Pro+ and S1 Pro in various battery configurations, while the mass-market segment includes the S1 X+ and S1 X variants. The Roadster series is offered in X+ and X configurations with battery capacities ranging from 2.5 kWh to 9.1 kWh.
“With S1 X+ 5.2 kWh, we are taking our 4680 Bharat Cell to the mass market at scale. The same technology platform we built for our most advanced products is now powering a scooter designed for much wider EV adoption. This is exactly what vertical integration enables - the ability to innovate deeply, scale quickly, and bring our best technology to more and more customers, faster. S1 X+ 5.2 kWh is where performance, range and scale come together, and is another important step towards making EVs accessible to every Indian,” the company said in a statement.

Comments (0)
ADD COMMENT