Spending power
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Key facts
Counted staff
3
self-reported 2–10 band
Founded
2020
6 years
Legal entities
None matched
Office countries
3
3 addresses
Funding rounds
None on record
Company type
Privately Held
self-reported
Description
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
Locations
3
Countries with an office address3 addresses on record
Country footprint
Show as table · Offices in 3 countries
| Countries | 3 |
|---|---|
| Primary country | SG |
All codes: SG CN IT
Addresses
- SGSingaporePrimary
- ITModena
- CNShanghai
Grid intelligence Members
Signals & hiring
Hiring, headcount and registry-change signals, streamed to members.
Latest signal
Hiring activity
Headcount trend
Financials
Registry-filed capital and financial indicators, standardised by TheGrid.
Paid-up capital
Fiscal period
Registered charges
Revenue
Profit / loss
People & contacts
3 employee profiles on record · names withheld.
Names and titles are intentionally absent from this page. The source relation carries no consent record across the privacy regimes this directory spans, so it is never requested and never stored. Search engines see exactly what you see here.
The people relation is never requested, so there is nothing here to unlock.
FAQ
How many people work at Open Energy?
3 counted staff profiles at January 2026, inside the self-reported 2–10 band.
Where does Open Energy have offices?
Three addresses on record across 3 countries. Primary: Singapore.
Has Open Energy raised funding?
None linked to this brand.
Which companies are listed alongside Open Energy?
2 profiles list Open Energy as a peer — 47th percentile in Motor Vehicle Parts Manufacturing. It lists ten peers of its own.