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Atul Auto Ltd announced a strategic partnership to jointly develop and deploy rapid charging electric 3-wheelers. The companies have also committed to a minimum of 15,000 Exponent-powered 3-wheeler passenger vehicles over three years, representing one of the largest scale-ups of rapid charging EVs in the segment. This marks a significant step in bringing together Atul Auto's decades-long legacy in three-wheeler manufacturing and Exponent Energy's breakthrough technology.
Reacting to this news, Shares of Atul Auto Ltd rose by 10% touched to Rs. 504.
At 10.30 am, Atul Auto Ltd was trading at Rs. 505.95, up by 6.44%, with a volume of 2.50 lakh shares on the BSE.
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