Hexall Motors and Neuron Energy have announced a strategic cooperation. With the launch of a ground-breaking product from Hexall Motors, this partnership represents a critical turning point in the electric vehicle (EV) sector.
One of the world’s first L5 category vehicles, the vehicle unveiled by Hexall Motors includes a twin front wheel.
The Automotive Research Association of India (ARAI) has authorized and copyrighted this creative design, which is poised to completely transform the market. As part of this collaboration, Neuron Energy will provide Hexall Motors with 1000 specially created battery packs over the course of the following year, beginning in June 2024.
Neuron Energy anticipates earning INR 20 crore a year from this agreement. The battery packs that are provided are 16 KWR high-speed quick charging units that are specifically designed for light commercial vehicles (LCVs).
To ensure maximum performance and economy, Neuron Energy has customized these battery packs to match the specific needs of Hexall Motors’ new vehicle.
“We are thrilled to partner with Hexall Motors on this innovative project,” said Pratik Kamdar, CEO & Co-Founder of Neuron Energy. “Our advanced battery technology will provide the necessary power and reliability for Hexall’s new double front wheel EVs, supporting their vision of transforming urban mobility. By leveraging our innovative battery packs, this partnership paves the way for future growth and expansion in our business. It underscores our commitment to pushing the boundaries of what is possible in the electric vehicle industry.”
Highlighting the importance of this collaboration, Devesh Parekh, Co-Founder of Hexall Motors, stated, “For any EV vehicle company, having robust energy storage systems and battery packs is crucial, as they represent almost half the cost of the electric vehicles and are critical for overall performance. Our vehicles are very different and new in this category, with unique configurations.”
“Therefore, we needed special battery packs with advanced Battery Management Systems (BMS), high-speed charging, and a higher range to meet the needs of our vehicles. We sought a partner who could work collaboratively with us and understand our technology. With Neuron Energy’s battery packs, we found exactly that. Neuron Energy developed a product that perfectly met our requirements, making this partnership very critical for us said Devesh.”
The new vehicle from Hexall Motors, which will make its public debut in the Delhi NCR, has a number of benefits. Its large cargo capacity makes it the go-to option for last-mile delivery services, especially when it comes to carrying big and electrical items.
It is notable for being among the biggest in its sector, with a container depth of 8.5 feet. Because of the increased stability brought about by the twin front wheel design, urban transit is now safer and more dependable.
As the sole provider of advanced battery solutions, Neuron Energy is able to provide battery packs for cars with two wheels on the front. The alliance between Neuron Energy and Hexall Motors demonstrates the company’s dedication to sustainability and innovation in the electric car sector.
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