Exponent Energy Expands into Electric Vehicle Financing

Exponent Energy Launches ‘Exponent One’

Exponent One is a comprehensive 360° financing and asset management platform dedicated to commercial electric vehicles – spanning three-wheelers, four-wheelers/LCVs, buses, and trucks – supporting the entire lifecycle from ownership to earnings to upgrades. Designed around the real-world operating dynamics of commercial vehicles, Exponent One seeks to empower sustainable micro-entrepreneurship in electric mobility. The venture has secured $2 mil…

Exponent Energy Expands into Electric Vehicle Financing

With the introduction of its subsidiary 'Exponent One,' the electric vehicle quick-charging startup Exponent Energy has entered the electric vehicle financing area. Now it will provide funding options to commercial EV operators. Venture capital firm AdvantEdge has invested $2 million (about INR 18.2 crore) in Exponent Inc. one of a series of pre-seed investments to increase its footprint in strategic commercial EV nodes. The introduction of the …