Byd vs tesla vs exponent energy: Exponent Energy is an Indian startup, founded in 2020 by Arun Vinayak and Sanjay Balli. This startup is working on ultra-fast charging technology for electric vehicles (EVS).
Exponent Energy has already launched 1MW fast charging system in India. Now by the end of 2025, the company is preparing to launch the world’s first 1.5mw ultra-fast charging system. 3,000 charging bicycle for EVS gives the warranty of life. This system can fully charge EVS in just 15 minutes.
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Company charging ecosystem:-
battery pack.
charging station.
Charging Connector.
Extension and success: More than 1,700 EVs of exponent energy are already stationed in India. These vehicles have so far covered a distance of more than 20 lakh kilometers. The company’s network is spreading rapidly in major cities like Delhi-NCR, Chennai, Ahmedabad, Kolkata and Hyderabad. EXPONENT has so far collected a $ 44.6 million funding, including the cooperation of big investors such as Hero Motocorp, Eight Roads Ventures and LightSpeed.
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China’s byd (Build Your Dreams):
Company Introduction: Byd is a major EV manufacturer in China. This company is in the headlines due to its megawatt fast-beaching technology.
Technology and Achievement: Byd has recently launched a new super e-plate form. This platform supports 1MW fast charging. Byd’s charging system gives EV a range of 400 km in just 5 minutes. Its peak charging power is 1,000kw.
Extension and effect: Byd wants to reduce the difference between traditional petrol refueling and EV charging with its charging system. The company aims to make EV charging as fast as the process of filling the petrol.
India vs China: competition in EV charging
Specialty of exponent energy: The EXPONENT system uses commercially available lithium-ion cells, making it more economical and accessible. The company claims that their charging system is 10 times more accessible than byd. The technology of exponent is rapidly expanding in the Indian market.
Byd’s strength: Byd has a large -scale production capacity and strong hold in the global market. The charging system of byd is capable of giving 400 km range in just 5 minutes, which is revolutionary. The company is engaged in giving a new dimension to the Global EV charging standard.
CEO’s statement: Arun Vinayak, CEO and co-founder of exponent energy, says that India should now become the leader of EV technology rather than a follower of Ice (Internal Combustion Engine). He said, “There is a lot of enthusiasm about BYD’s 1MW charging technology, but we already have 1MW charging.” The technique of exponent uses standard off-the-shelf cells, making it 10 times more accessible and economical.
Arun Vinayak also said that India needs to develop capacity like BYD in SAIL Material Science. They are hopeful that the exponent energy will soon partner with the Indian cell manufacturer.
Exaponent’s capacity: The company’s charging system makes EVS full charged in 15 minutes. The goal of exponent is to make EV charging technology globally competitive in India. The company has so far deployed more than 1,700 EVs in India, which has covered a distance of 20 lakh kilometers.
Bayd founder Wang Chuanfu’s statement: BYD billionaire founder Wang Chuanfu said that the company’s new super e-platform is capable of traveling 400 km on just five minutes of charge. The byd system gives a peak charging power of 1,000kw (1MW). He said that byd’s charging technology provides equal speed to traditional petrol refueling.
Byd’s status in India: BYD entered the Indian market in 2007. By 2024, the company has a 3% market share in India. The company registered a 40% sales growth in 2023. Byd’s megawatt fast charging technology is setting a new standard in the EV industry.
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Tesla status: The supercharger network of Tesla led by Alan Musk charges 80% in 15-20 minutes. After the announcement of 400 km of charging system in 5 minutes of Byd, Tesla’s share price fell by 5.5%. With this decline, Tesla’s evaluation has reduced by 44% in 2024 so far. Investors are cautious about the declining sales of Tesla.
Tesla’s strategy in India: Tesla is planning to enter the Indian market. The company will get a tough competition from BYD, as byd has already been established in India and has a strong network. According to the Electric report, Tesla’s delivery is likely to be the lowest in the last two years in the first quarter of 2024.
India’s exponent energy and China’s byd are revolutionizing electric vehicle charging technology. The specialty of exponent energy is its affordable and accessible charging technology, which is holding a fast hold in the Indian market. At the same time, byd’s state-of-the-art megawatt fast-charging technology is setting a new standard at global level. In the coming years, the competition of these two companies may bring major changes in the electric vehicle industry.
