The Energy Company, a startup that aims to revolutionize battery charging for commercial electric vehicles, will now focus on speed and reliability which will address one of the major hurdles faced by the Electric Vehicle sector, which is longer period of charging time.
Commenting on this, Prashant Rathee, CPO, The Energy Company, said, “Slow charging and dreadfully low life span (two to three years) are keeping people away from buying EVs. Add to this a high finance rate and low second-hand value of batteries that make vehicle ownership even riskier.”
Rahul Lamba, CEO, The Energy Company, said, “It is completely modular across different vehicle categories. In fact, in its current stage, it can be integrated with more than 60% of the two-wheeler EVs in the market.
The founders of the startup have brought together hardware and SaaS Flexi which comes with adaptable charging. FlexiPack is a battery pack which will fuse into any electric vehicle in order to provide fast charging without damaging the battery. This battery pack can be charged within 15 minutes, which is capable of covering a distance of 50 km and can cover a distance of 100 km in 40 minutes.
Currently, the charging system takes about 4 to 6 hours to charge fully.
The Bengaluru based startup was founded in 2021 by Rahul Lamba, Prashant Rathee, and Pratik Somani. The startup is a brainchild of these 3 entrepreneurs who came together to offer a solution to the EV sector in the commercial space.
With this innovative approach, The Energy Company aims to support the growth of commercial EV fleets, including logistics, transportation, and delivery services. With the reduction in time of charging, the startup is addressing the concern of the EV sector which will help them adapt electric vehicles on a commercial scale in large numbers.
As the world transitions towards a greener and a more sustainable future, startups like The Energy Company are emerging at the forefront. This startup is driving innovation and is overcoming obstacles in order to accelerate the electric vehicle sector. With their dedication to provide fast and reliable charging solutions, The Energy Company will have immense potential to reshape the commercial EV sector.
