Rajkot-based Atul Auto and Exponent Power have introduced a strategic partnership to collectively develop and deploy speedy charging electrical 3-wheelers. 

Atul Auto is a number one producer of three-wheeled autos globally, with a presence throughout 25 states and a community of 300+ main and secondary shops.

Exponent Power, based in 2020, is a Bengaluru-based full-stack vitality startup enabling secure and speedy charging for industrial EVs.

The proprietary platform combines the battery pack, pump, and connector to ship 0-to-100% cost in quarter-hour and a 3,000 cycle life guarantee for EVs (a brand new business normal).

Atul Auto and Exponent Energy have dedicated to deploying a minimal of 15,000 Exponent-powered electrical three-wheeler passenger autos over three years.

Below this collaboration, Atul Auto’s autos will likely be built-in with Exponent Power’s OTO three- wheeler mobility platform – a unified structure bringing collectively best-in-class battery expertise, powertrain techniques, and automobile software program.

Confirmed in retrofit deployments, the platform is now being prolonged to OEM-integrated new autos via this partnership.

Past Exponent’s personal 15-minute speedy charging community, the platform is interoperable and works seamlessly with normal public and residential charging infrastructure, giving drivers the flexibleness to decide on the place to cost every day. 

Exponent’s proprietary expertise permits quarter-hour speedy cost, which it claims is the quickest globally for industrial autos whereas delivering constant efficiency below intensive each day operations. The system is backed by a 2 Lakh km guarantee. 

Exponent Power just lately introduced Exponent One, an EV financing platform led by Sandeep Divakaran, which can even help financing for this variant. These choices will embrace embedded insurance coverage and structured buyback choices, aimed toward decreasing obstacles to possession and enhancing affordability.

“With Atul Auto, we’re bringing speedy charging, financing entry, and confirmed automobile platform expertise collectively at scale. Our mission is to make electrical the higher selection, which suggests addressing the actual obstacles to adoption. Atul Auto’s robust manufacturing legacy and deep understanding of the three- wheeler market make them a pure companion as we scale our mobility platform into OEM-integrated autos and allow adoption at a a lot bigger scale,” stated Arun Vinayak, CEO and Founding father of Exponent Power.

“Atul Auto has constructed a robust legacy of delivering dependable and high-quality three-wheelers to clients throughout India. This partnership with Exponent Power permits us to convey cutting-edge speedy charging expertise to our portfolio, enabling a considerably enhanced worth proposition for our clients whereas accelerating our transition in direction of electrical mobility,” stated Neeraj Chandra, Managing Director, Atul Auto.