Open Energy

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Open Energy is revolutionizing the electric vehicle (EV) sector with HyperSwap, an innovative, cost-effective, and efficient solution for EV battery swapping. Our technology addresses the core challenges of EV adoption: slow charging times, safety concerns, and high infrastructure costs. With HyperSwap, EV battery swaps are completed in just 3 minutes, faster than refueling a gas vehicle, and each swap is AI-driven to ensure battery health and safety, preventing potential fire hazards. Our solution is perfect for high-mileage fleets like Amazon, Coupang, KakaoT, and Uber, where vehicle downtime is costly. Traditional charging takes hours, which directly impacts the operational efficiency of logistics and ride-hailing services. HyperSwap offers 10x lower infrastructure costs compared to fast-charging stations, allowing businesses to scale EV adoption without breaking the bank. We also address grid instability by using our swapping stations as distributed energy storage units. This provides an added benefit of grid stabilization and supports energy companies by storing and redistributing renewable energy during peak demand hours. Open Energy’s technology is universal, supporting 80% of current EV models without requiring changes to vehicle designs or manufacturing lines. With optimized battery health management, we extend battery life by up to 3x, reducing the total cost of ownership (TCO) for fleets. Our team combines Silicon Valley innovation and Motor Valley engineering expertise, with mentorship from Sam Altman (OpenAI) and Giorgetto Giugiaro (legendary car designer). We have secured multiple MOUs, recognition from Foxconn’s MIH, KSGC Top 3, Petronas FutureTech, and coverage in The Korea Times. We are now positioned to lead the transformation of EV infrastructure in Korea and beyond. With Open Energy, the future of EVs is faster, safer, and more sustainable. #EV #BatterySwap #EnergyStorage #Sustainability #Innovation #CleanTech #FutureOfMobility #OpenEnergy

Company Details

Employees
3
Founded
-
Address
Singapore, Sg
Industry
Motor Vehicle Parts Manufacturing
NAICS
Motor Vehicle Parts Manufacturing
Motor Vehicle Gasoline Engine and Engine Parts Manufacturing
Motor Vehicle Electrical and Electronic Equipment Manufacturing
Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing
Motor Vehicle Brake System Manufacturing
Motor Vehicle Transmission and Power Train Parts Manufacturing
Motor Vehicle Seating and Interior Trim Manufacturing
Motor Vehicle Metal Stamping
Other Motor Vehicle Parts Manufacturing
Keywords
Cascina.
HQ
Singapore
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