Friday, August 30, 2024

Veera Vahana And Exponent Energy Announce The World's First 15-Minute Charging Intercity Bus, ‘Veera Mahasamrat EV’


*        The electric bus can rapid charge in 15 minutes using Exponent’s 1 MW charging technology

*        The world’s first 13.5m EV bus on 2-axles comes with Exponent’s 320 kWh battery pack and an industry-leading battery warranty of 6 Lakh km/3000 life cycles

*        Focusing on long-haul intercity travel, the two companies are focused on beginning operations with the Bengaluru - Hyderabad route, along which Exponent will install four charging stations

Veera Vahana - a leading player in the bus industry has partnered with Exponent Energy, an energy-tech company to announce a 15-minute rapid charging long-haul intercity electric bus. The ‘Veera Mahasamrat EV’ powered by Exponent is the world’s first 13.5m electric bus on 2-axles. It’s equipped with Exponent’s 320 kWh battery pack enabling a virtually unlimited range with 15-minute rapid charging on the go via Exponent’s 1MW charging network. Additionally, a battery warranty of 6,00,000 km or 3000 battery life cycles, paves the way for better financing options and ease of ownership.

The Veera Mahasamrat EV represents a game-changing advancement for fleet owners, reducing their operating expenses by 30% compared to an ICE bus. For the first time, with 15-minute rapid charging and the Exponent charging network along highways, bus operators can now go electric on long-haul inter-city routes without having to worry about range and long charging time.

Currently, the two companies are focused on electrifying the Bengaluru - Hyderabad route. To support operations, Exponent Energy will deploy four 1 MW charging stations - two at each endpoints and two along the highway - this will ensure bus operators can seamlessly shift from ICE to electric with the same experience of number of stops and downtime per stop.

Celebrating the announcement, K. Srinivas Reddy, Managing Director, Veera Vahan said,

“Today, electric buses are restricted to short-haul or intracity operations due to limited range and long charging time. It’s difficult to package a single battery to deliver 600km of range and with long charging time - customers are not willing to wait for an hour along the highway. Typically, diesel buses stop every 300 km for 15-20 minutes and our unique partnership with Exponent mimics the same experience. Now, bus operators can seamlessly switch to electric with the Veera Mahasamrat EV and save more in their operations!”

The company’s technology stack meticulously manages each cell's characteristics through its BMS, charging algorithms, and thermal management using its proprietary off-board thermal management system - where the charging station actively pumps coolant to the battery while charging to maintain optimal temperature and thus delivering consistent performance even at ambient temperatures as high as 50°C.

Commenting on the announcement, Arun Vinayak, Co-founder & CEO of Exponent Energy stated, “We’re excited to partner with Veera Vahana, a seasoned player in the bus industry, to truly electrify the long-haul intercity bus segment. We’re thrilled to have built the world’s third 1 MW charging technology – after Tesla & Siemens – in India, for India. With freedom & accessibility delivered by 15-minute rapid charging and the Exponent network, we’re committed to enabling all of India to go electric.”

Both Veera and Exponent, as pioneers in the EV sector, remain committed to driving progress and shaping the future of mobility through innovation and collaboration.

About Veera Vahana

Veera is one of the leading bus manufacturer in India. Veera manufacturers various types of buses in ICE & Electric like Tarmac Coach, 13.5mts Mahasamrat  Samrat and 9mts Electric buses. Veera is the leader in Sleeper Coach manufacturing in the country.

To know more visit our website: www.veerabus.com

About Exponent:

Led by Arun Vinayak & Sanjay Byalal, Exponent Energy aims to simplify energy for EVs. The company has built a battery pack named e^pack; charging station called e^pump; and charging connector e^plug that together unlock a 0 to 100% charge in 15 minutes for EVs with any number of wheels & provide a 3000-cycle life warranty – all while using regular Li-ion cells to make rapid charging truly affordable and scalable.

To know more, visit the official Exponent Energy website: www.exponent.energy

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