Atul Auto partnered with Exponent Energy to launch 15-minute rapid-charging electric 3-wheelers. The collaboration includes a commitment to deploy 15,000 vehicles over three years using Exponent's OTO mobility platform. This strategic alliance aims to accelerate Atul Auto's transition to electric mobility by leveraging rapid-charging technology and embedded financing options.
Atul Auto Limited entered a strategic MOU with Exponent Energy to manufacture and supply 15,000 rapid-charging electric three-wheelers. The collaboration, valued at approximately ₹490.50 Crore, spans three years and aims to accelerate Atul Auto's presence in the electric vehicle segment using Exponent's 15-minute charging technology.