The Energy Company-Battery "Aadhars" for performance and resell

At 13% of India's carbon emissions, electric mobility remains a key plank in the decarbonization journey and electric vehicles are finally starting to take off. However, many barriers remain for potential buyers, such a charging time, safety, range anxiety and resell value. The Energy Company (TEC) is unlocking many of these barriers making EV adoption easier than ever.

Like an Aadhar for people, TEC's "FlexiTwin" architecture provides more transparency to EV fleet owners, financiers and insurers about the battery health, detecting anomalies, assessing Remaining Useful Life. For EV buffs, this article has more detail, but the key is that this can help lower the EMI and improve the resell value, which is particularly important for fleet owners working on tight margins.

One aspect I love about TEC is that they are building more physical and digital solutions. For example, their battery packs have advanced cooling systems which improve the range and reduce degradation. Their battery packs are designed to be interoperable with any charging configuration and can reduce charging times from 4-5 hours to 1 hour (for 3 kW, standard 230 V supply) or as low as 30 minutes (for 6 kW+ supply)

This charging means delivery drivers (and fleet owners) can see greater uptime for their bikes, eliminating the need for fossil fuel vehicles or battery swapping. There is a clear understanding of the need and value for EV fleet operators. The superior cell diagnostics can also support asset financiers (who can take confidence in their asset resell value) and refurbishers (who can better evaluate what performance to expect from refurbished batteries).

When I visited their lab/factory I was incredibly impressed with can-do innovative spirit. For example, some of the testing equipment they needed for their batteries was not available in India so they built their own. Now, they actually had some clients wanting the same equipment and they were able to sell testing equipment itself!

It is this sort of juggad mentality which gives me great hope for the Indian Climatetech ecosystem. This rapid iteration and innovation is helping TEC, and companies like it, drive down costs, improve performance and ultimately become world leaders.

Disclaimer: I am an angel investor in The Energy Company. Either way, what they are doing is pretty cool :)