1. When will deliveries of the brand new EV start?
We anticipate our Rapid-Charge EV deliveries to start from October 2022.
2. Are there any partnerships for the brand new NeEV’s fleet use or different functions?
Altigreen has been supplying its Cargo EVs to most Ecommerce and FMCG corporations for final and mid mile deliveries. These embody Amazon, Flipkart, HUL, Bisleri, IFB and the like. These prospects have requested for supply vans with fast-charge choices for particular use instances the place a number of shifts and fast turnaround occasions are required. Our new Rapid-charge car will probably be instantly deployed beginning with such purposes.
3. Would you share growth plans (geographical and manufacturing) contemplating the latest spherical of funding?
With their latest fundraise of Rs 300 Cr, Altigreen is ramping up its manufacturing capabilities whereas growing a strong pan-India distribution community. Currently in 10 cities, Altigreen may have a supplier and repair community throughout 40 cities by the tip of the yr. Simultaneously, its new manufacturing unit is slated to have a capability of 3000 automobiles a month and anticipated to start operations in October 2022.
4. What is the scope of this partnership and its long-term targets?
For all of India to go electrical, EVs must cost quicker and last more. Partnering with Exponent helps us to make a mere idea flip right into a roadworthy actuality. With use of Exponent’s e^pack & e^pump the idea of 15-minute speedy charging is feasible. We are so assured of the security of the pack, and the know-how stack constructed for speedy charging, that we’re providing an unprecedented, never-before given, 3000 cycle life guarantee. This is equal to over 2.5 lakh km guarantee. Most regular cost automobiles supply guarantee of 1 lakh km solely!
Exponent’s know-how is Li-ion cell agnostic, permitting us to leverage the present manufacturing ecosystem that produces LFP and NMC cells and scale a lot quicker. Starting with a community of 100 e^pumps in Bangalore (there are a complete of 400 petrol/diesel pumps within the metropolis), Altigreen will deploy 2000 automobiles within the coming quarters. Thereafter, they’ll introduce it in all of the cities the place Altigreen’s supplier community is current.
5. The NeEV HD can cost from 0-100% in quarter-hour. How has this been achieved? How will this have an effect on the associated fee for the proprietor?
Exponent Energy is simplifying power for EVs with its battery pack & charging station- e^pack & e^pump- that collectively unlocks a 15-minute speedy cost, regardless of voltage, battery capability, and car codecs.
The e^pack ensures a 3000-cycle life guarantee (a brand new business customary) — all achieved on a spread of reasonably priced Li-ion cells. This is made potential by our proprietary BMS and charging algorithms, layered on prime of our distinctive e^pack design. Exponent e^pump delivers 600A of present to the e^pack (15x business customary) whereas managing particular person cell traits together with thermals to make sure security, lengthy battery life, and efficiency consistency even at 50 levels Celsius.
Rapid charging makes it potential to have a battery measurement that’s 30% smaller than the long-range model that Altigreen has at present, with out compromising on the shoppers means to make use of a car all through the day. During our testing with Altigreen, automobiles clocked a spread of 400-km run in a single day with 5 back-to-back speedy cost cycles; and clocked over 10,000 km of city-driving in a 40-day interval!
Smaller battery reduces the price of the car and speedy charging reduces the charging value and time. Today the usual quantity of power shoppers pay at charging stations is anyplace between INR 20-24 per unit and with Exponent’s speedy charging options it’s going to come right down to INR 12-14 per unit.
6. The sort of battery packs the EV makes use of and the advantages of LFP cell chemistry. How do you guarantee battery security, particularly the thermal administration system?
Our strategy to speedy charging is two-sided. Our versatile power stack – e^pack, e^pump, and BMS- work collectively to make sure that impedance (chaos inside a cell that restricts circulate of power) is managed effectively. Only as a result of the e^pack & e^pump talk effectively collectively, we’re ready to make sure the cells within the e^pack are usually not harassed as we observe an adaptive charging profile. That is why we will guarantee speedy charging EVs throughout all Indian circumstances, even at 50° celsius ambients.
7. How lengthy wouldn’t it take to cost absolutely if not charged at Exponent’s e^pump community? (Public quick charging or house charging)
Exponent Enabled automobiles (ones which have an e^pack) that don’t cost at an e^pump can cost inside 60 minutes.
Source: auto.economictimes.indiatimes.com