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.

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Chinese technology company Hesai Technology has joined the Nvidia Halos AI Systems Inspection Lab, an accredited body for the inspection of AI-driven physical systems. As a member, Hesai will validate its lidar platforms within a framework covering functional safety, cybersecurity and AI compliance.

Nvidia Halos is a safety system for physical AI that unifies safety elements across vehicle and robotics architectures. The system combines hardware, software and models to safeguard autonomous vehicle (AV) and robotics stacks.

Hesai utilises a ‘Safety Triad’ engineering approach, which integrates:

• Functional Safety: Adherence to ISO 26262 standards.
• Safety of the Intended Functionality (SOTIF): Managing risks from functional inadequacies.
• Cybersecurity: Protecting system integrity across real-world environments.

The company claims that Hesai was the first LiDAR manufacturer to obtain ISO 26262 ASIL B certification and currently participates in global safety standard development alongside firms including Bosch, Nissan and ZF.

The collaboration between Hesai and Nvidia began in 2019 with the integration of LiDAR into Nvidia autonomous computing platforms. Hesai has delivered over 2 million LiDAR units globally to date.

The company was recently selected as a lidar partner for Nvidia DRIVE AGX Hyperion 10, a reference architecture designed to make vehicles Level 4-ready. This platform enables the development of AI-defined fleets for automakers and developers.

David Li, Co-Founder and CEO, Hesai Technology, said, “Autonomous systems will only achieve broad adoption if they meet the highest standards of safety and reliability. As autonomous vehicles and intelligent machines move toward large-scale deployment, safety becomes the defining requirement for the entire system.”

“Our work with Nvidia began several years ago with the integration of Hesai LiDAR on Nvidia autonomous computing platforms. Lidar is often the primary sensor responsible for detecting hazards in the most critical situations on the road. Joining the Nvidia Halos ecosystem allows us to further strengthen the safety architecture required to bring trusted autonomous technology into everyday use,” he said.

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Zenobe, a fleet electrification and battery storage specialist, has acquired California-based Revolv to expand its electric truck operations in the United States. The transaction marks Zenobe's entry into the North American commercial fleet and truck segment.

The acquisition adds to Zenobe's established portfolio in student transportation and public transit across the U.S. and Canada.

Key additions to Zenobe’s network include:

• Operational Sites: 13 customer sites located in California.
• Fleet Size: More than 100 electric trucks integrated into the service network.
• Project Pipeline: Additional commercial projects currently under development.

Zenobe intends to integrate the Revolv team to maintain continuity for existing customers and leverage regional expertise. The combined platform provides end-to-end solutions, including vehicle provision, charging infrastructure, financing and battery lifecycle management.

The expansion follows a period of growth in the U.S. Zero Emission Truck (ZET) market, where over 59,000 vehicles have been deployed nationwide. Zenobe’s strategy focuses on a battery-as-a-service (BaaS) model, which involves performance guarantees and the management of second-life battery applications to reduce risks for fleet operators.

The acquisition is supported by Zenobe’s major investors, KKR and Infracapital, as part of a broader effort to scale electrification in hard-to-decarbonise sectors.

Andreas Lips, President of EV North America, Zenobe, said, “Revolv's end-to-end fleet electrification model is highly complementary to Zenobe's global experience and our growth plans in North America. As commercial fleet electrification enters its next phase, operators are increasingly seeking partners who can deliver vehicles, infrastructure, financing and long-term battery performance under one roof. This acquisition strengthens our ability to provide flexible, end-to-end solutions at scale across North America.”

Steven Meersman, Founder Director, Zenobe, said, “This is a strong opportunity to accelerate electrification at scale, by pairing Revolv's fleet electrification platform with our deep experience and unique financing models. We're grateful to Revolv CEO Scott Davidson and the team at GDEV Management for backing Revolv early on. Now we are taking it to the next stage.”

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51WORLD has been named as Nvidia’s global Level 4 simulation partner. The companies announced an integration between Nvidia Omniverse NuRec and 51WORLD’s SimOne platform during the Nvidia GTC Conference on 16 March 2026.

The collaboration utilises neural rendering technology to convert static, real-world collected scenario data into interactive simulation environments. This process is intended to address limitations in autonomous driving development workflows by making recorded data reactive.

The platform is designed to support the training of reasoning-based autonomous systems, including – world models, vision-language-action (VLA) models and physical AI development tools.

By transforming real-world data into interactive simulations, the integration increases the volume and variety of edge cases available for developers working on Level 4 autonomous systems.

At present, 51WORLD holds a 53.5 percent share of the L3+ simulation market in China. The partnership with Nvidia is intended to extend the company's reach into international autonomous driving programmes and provide development tooling for global automotive partners.

The announcement coincided with several related partnerships involving Nvidia’s DRIVE Hyperion, Omniverse and Alpamayo technologies, focused on the advancement of autonomous vehicle platforms.

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Volvo Cars has earned the highest possible rating for software-defined vehicle (SDV) capabilities from S&P Global Mobility, standing alone among legacy automakers as the only one to achieve a Level 5 designation. This top-tier ranking underscores the company’s capacity to enhance nearly all aspects of a vehicle throughout its lifespan, delivering greater long-term value to customers. Through over-the-air (OTA) updates, Volvo can introduce new safety functions, accelerate charging speeds, extend driving range and refine the overall user experience.

The transition to software-defined vehicles represents a transformative leap for Volvo, empowering its cars on the road to continuously evolve and setting a new benchmark for safety. As part of its most significant technological overhaul in nearly a century, the company now leverages real-world data to generate insights that inform the development of future safety and driver assistance systems.

Central to this capability is HuginCore, Volvo’s internally developed core system. Featuring a sophisticated electrical architecture, a central computing platform, zone controllers and integrated software, HuginCore is the foundation of the company’s three software-centric models: the EX90, ES90 and EX60. This architecture enables scalable enhancements, faster innovation cycles and superior experiences across the entire vehicle lineup.

S&P Global Mobility, a premier provider of automotive intelligence, offers the comprehensive data and expert analysis that informed this evaluation, assisting the industry in making more informed, lower-risk decisions.

Håkan Samuelsson, CEO, Volvo Cars, said, “Years of focused engineering efforts and investments have given Volvo software capabilities that only a select few in the industry have achieved. This has enabled us to deliver a step change in customer experiences and development speed.”

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