Top News

• A partnership between Atul Auto and tech startup Exponent Energy
• Auto will now charge in 15 minutes
• Great news for electric auto drivers

The Indian market will soon be flooded with electric autos with superfast charging. Yes, in the next three years, Atul Auto is launching 15,000 electric autos, which can be fully charged in just 15 minutes. You may be wondering how this is possible, but the answer lies in Exponent Energy’s 15-minute rapid charging technology.

Atul Auto and Exponent Energy have entered into a strategic partnership and with this superfast technology, electric autos will now charge in just 15 minutes. Both the companies will introduce 15,000 such vehicles over the next three years, which will become a source of income for the public and, more importantly, remove the worry to charging.

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What is special about this partnership?

famous Three-wheeler A strategic partnership between manufacturer Atul Auto and Bangalore-based energy tech startup Exponent Energy aims to address one of the biggest concerns of electric three-wheelers: long charging times. With the help of Exponent Energy’s proprietary technology, these vehicles will be able to charge in just 15 minutes, at the world’s fastest rate.

The two companies aim to roll out 15,000 passenger three-wheelers powered by the Exponent in the next three years. To address concerns about battery life and resale value, the system is being offered with a 2,00,000 km warranty. Atul Auto’s vehicles will use Exponent’s OTO platform, which is an integrated system of battery, powertrain and software.

Very beneficial for drivers

Electric autos are a means of livelihood for millions of people in India. However, drivers face problems to charging, as the current system takes a long time to charge, which affects their earnings. Reduced charging time means vehicles stay on the road longer, leading to more trips and increased revenue. The system will work on Exponent’s rapid charging network, as well as common household plugs and public charging stations. The ‘Exponent One’ platform will also provide drivers with easy loan, insurance and buyback options.

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Emphasis on advanced rapid charging technology

Arun Vinayak, CEO of Exponent Energy He believes that to electric vehicles Issues like charging time and financing need to be addressed to make it a better option. “Our focus is not just on selling batteries, but on a vehicle platform that can work with a large number of OEMs.” MD of Atul Auto, Neeraj Chandra Said that through this partnership, Atul Auto is adding the world’s most advanced rapid charging technology to its portfolio. This will not only provide customers with a robust vehicle, but also a solution that will help them increase their income.