TLDR;

  • Open Energy introduces an AI-driven EV battery swap system V2, enabling 2.5-minute battery replacements for enhanced safety and efficiency.
  • The solution integrates with 80% of existing EV models and doubles as energy storage to stabilize the grid.
  • Led by industry experts and mentored by global leaders, Open Energy bridges Silicon Valley innovation with Italian engineering expertise.
  • Achieved 3rd place at the K-Startup Grand Challenge 2024, the only New Mobility & Energy company in the Top 3, showcasing significant contributions to Korea’s mobility and sustainability sectors.

The future of electric vehicles (EVs) is at a crossroads. The demand for sustainability and clean energy is clear, but significant obstacles remain—especially around the safety and efficiency of EV charging. The recent fire involving a Mercedes EQE in Korea serves as a harsh reminder of the urgent need for safe, reliable, and fast charging solutions in the EV space.

Incidents like these raise real concerns among consumers about the safety of EVs and the practicality of charging. The burning question is: How do we make EVs safe and convenient enough to be the transportation of the future?

The answer? EV Battery Swap.

Open Energy is tackling the EV industry’s most pressing issues with a solution that can change everything: a cutting-edge, AI-powered battery swap system that’s not only safe but faster than traditional charging. Our technology provides real-time battery health checks, reducing the risk of fires and extending battery life. By swapping out batteries instead of charging them, we address two of the biggest hurdles facing EVs: the long charging times and the safety concerns that often deter consumers from making the switch.

Why is this a game-changer?

Picture this: charging your EV in just 2.5 minutes, 2 times faster than refueling a traditional gas-powered vehicle, 10 times faster than Fast-Charging. But it doesn’t stop there. Our stations are designed to integrate smoothly into existing infrastructure while also acting as energy storage hubs that help stabilize the grid, making them valuable assets not just for mobility, but for energy systems as a whole. Open Energy’s technology can power high-mileage fleets without needing to worry about the long downtimes typically associated with recharging.

What’s more, Open Energy’s system is unique because it doesn’t force manufacturers to change their designs. Our battery swap stations are compatible with 80% of current EV models and don’t require modifications to the vehicle’s chassis. This means no disruptions to assembly lines, making it easier for automakers to adopt and deploy our solution. We’re offering a way for the entire industry to advance together—no manufacturer is left behind.

Expertise at the Core: The Power Behind Open Energy

What truly sets Open Energy apart is the team driving this revolution. Led by Tin Hang Liu, an entrepreneur with deep experience in energy, mobility, and innovation, and Gianni Arena, an engineering genius from Italy’s prestigious Motor Valley, Open Energy brings together the best of both worlds: Silicon Valley’s innovative tech expertise and Italy’s mastery in automotive design. Our mentors? Sam Altman, the visionary behind ChatGPT and OpenAI, and Giorgetto Giugiaro, the legendary car designer who’s shaped the future of automotive design for decades.

Together, we’ve built a solution that addresses not just today’s problems but prepares us for tomorrow. Our AI-driven system orchestrates everything—battery health, fleet management, and grid balancing—ensuring the perfect harmony of energy and transportation.

The Korea Advantage

Korea is the perfect place to make this vision a reality. We’re incredibly honored to be the only New Mobility & Energy company in the Top 3 podium of the K-Startup Grand Challenge 2024, which was an unforgettable experience alongside such brilliant startups and founders.

We’ve been warmly welcomed by the Korean government, media, and the local business ecosystem, including some of the most influential players in automotive, electronics, battery cells, AI, and manufacturing. In just 3 months, Open Energy has already made significant inroads, collaborating with some of the country’s top companies. The momentum we’ve built here is unprecedented.

But that’s just the start. Imagine what we could achieve with more time, deeper partnerships, and continued innovation. We’re ready to play the long game in Korea because we believe in the country’s potential and the vast opportunities that lie ahead. But this isn’t just about Korea. We’re building a solution that’s destined to make waves around the world.

The Power of Collaboration

We want to build something truly meaningful—and we know that requires the right partnerships. Korea is home to some of the most innovative and powerful companies in the world. By working alongside key players in the automotive, electronics, and energy sectors, we’ll be able to unlock a future where EVs are as practical, safe, and convenient as any other mode of transport.

In our short time here, we’ve already proven the demand. Korean companies and the government are pushing for sustainable solutions, and we’re here to provide them. We need your support and collaboration to make EV battery swapping the standard, not just in Korea but globally. We’ve achieved incredible things already, but with your help, we can make EVs as safe and efficient as they were always meant to be.

Let’s Make EVs Great Again

We’ve got the expertise, the technology, and the vision. With the right partnerships and continued momentum, Open Energy is primed to lead the next wave of the EV revolution. We’re not just solving a problem—we’re building the future of mobility. The world is watching, and Korea is where we’re starting. Will you join us?