Innovation Offers

Open Energy

Open Energy
Singapore
Solution Type: Others, Ready Product/ Solution
Collaboration: Business Collaboration (Joint Venture), Others
Open Energy

1. Technology overview

Open Energy offers HyperSwap, a fast and cost-effective battery swapping solution for EV fleets. Their stations integrate into existing energy infrastructure, acting as distributed energy storage units that help stabilize the grid. HyperSwap enables EVs to swap batteries in just 3 minutes, which is faster than traditional gas stations. It reduces infrastructure costs by up to 10 times compared to competitors. The technology extends the battery lifespan and is compatible with 80% of current EV models, requiring minimal modifications to the EV chassis. Open Energy’s innovation combines Silicon Valley technology with European engineering expertise.

2. Highlighted features & specifications

HyperSwap Stations: Battery swapping stations for electric vehicles, where batteries can be replaced in under 3 minutes. These stations are integrated with existing energy infrastructure, facilitating efficient energy storage and distribution. Battery Swapping Technology: This solution extends battery life, requires minimal vehicle modification, and is compatible with up to 80% of current electric vehicle models. Grid Stabilization: The HyperSwap stations act as distributed energy storage units, helping stabilize the grid by storing energy and supplying it during peak demand periods. Cost Efficiency: The solution reduces infrastructure costs to one-tenth of that of traditional EV charging networks.

Open Energy

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