{"id":2511,"date":"2026-04-25T09:52:28","date_gmt":"2026-04-25T08:52:28","guid":{"rendered":"https:\/\/wealthcreatorz.in\/?p=2511"},"modified":"2026-04-28T08:02:49","modified_gmt":"2026-04-28T07:02:49","slug":"atul-auto-exponent-energy-ev-deal-vijay-kedia-stock-surge","status":"publish","type":"post","link":"https:\/\/wealthcreatorz.in\/index.php\/2026\/04\/25\/atul-auto-exponent-energy-ev-deal-vijay-kedia-stock-surge\/","title":{"rendered":"Vijay Kedia-Backed Atul Auto Rises After Electric Three-Wheeler Pact"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/wealthcreatorz.in\/wp-content\/uploads\/2026\/04\/Copilot_20260425_141856-1024x683.png\" alt=\"Atul Auto Vijay Kedia\" class=\"wp-image-2513\" srcset=\"https:\/\/wealthcreatorz.in\/wp-content\/uploads\/2026\/04\/Copilot_20260425_141856-1024x683.png 1024w, https:\/\/wealthcreatorz.in\/wp-content\/uploads\/2026\/04\/Copilot_20260425_141856-300x200.png 300w, https:\/\/wealthcreatorz.in\/wp-content\/uploads\/2026\/04\/Copilot_20260425_141856-768x512.png 768w, https:\/\/wealthcreatorz.in\/wp-content\/uploads\/2026\/04\/Copilot_20260425_141856.png 1536w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><strong>Atul Auto Vijay Kedia Portfolio<\/strong><\/figcaption><\/figure>\n<\/div>\n\n\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><h2>Table of Contents<\/h2><nav><ul><li><a href=\"#the-trigger\">The Trigger<\/a><\/li><li><a href=\"#management-outlook\">Atul Auto Management Outlook<\/a><\/li><li><a href=\"#s\">Suggested Reading<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Shares of the small-cap company jumped <strong>10%<\/strong> after signing an MoU with <strong>Exponent Energy Pvt. Ltd.<\/strong> to manufacture <strong>15,000 fast-charging electric three-wheelers<\/strong> under a <strong>\u20b9490.5 crore, 3-year domestic EV deal<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The shares of the small-cap company, engaged in manufacturing and marketing of three-wheeled commercial vehicles such as auto-rickshaws, passenger carriers, and cargo carriers, gained attention after signing a <strong>\u20b9490 crore EV deal<\/strong> to produce <strong>15,000 electric three-wheelers<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Atul Auto Ltd., with a market capitalization of <strong>\u20b91,401.16 crore<\/strong> during the day\u2019s trade, saw its shares climb <strong>10.2%<\/strong>, hitting a high of <strong>\u20b9524.00<\/strong> compared to the previous close of <strong>\u20b9475.35<\/strong>. Notably, ace investor <strong>Vijay Kedia<\/strong> holds an <strong>18.20% stake<\/strong> in the company as of March 2026.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"the-trigger\"><strong>The Trigger<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Atul Auto Ltd. and <strong>Exponent Energy<\/strong> have entered into a <strong>strategic partnership<\/strong> to co-develop and deploy <strong>rapid-charging electric three-wheelers<\/strong> across India.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As part of the collaboration, the two companies have pledged to roll out <strong>at least 15,000 Exponent-powered passenger three-wheelers<\/strong> over the next <strong>three years<\/strong>, marking one of the <strong>largest planned expansions<\/strong> in the rapid-charging EV segment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The partnership brings together <strong>Atul Auto\u2019s proven expertise in three-wheeler manufacturing<\/strong> with <strong>Exponent Energy\u2019s advanced OTO mobility platform<\/strong>, which unifies <strong>battery technology, powertrain systems, and vehicle software<\/strong> into a single integrated solution.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The contract is valued at approximately <strong>\u20b9490.5 crore<\/strong>, with each vehicle priced around <strong>\u20b93.27 lakh (excluding GST)<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The platform, already validated through <strong>retrofit applications<\/strong>, will now be deployed in <strong>new OEM-integrated vehicles<\/strong> while maintaining compatibility with both <strong>Exponent\u2019s fast-charging network<\/strong> and standard <strong>public and home charging options<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Exponent Energy\u2019s technology delivers <strong>ultra-fast charging in about 15 minutes<\/strong>, engineered for <strong>heavy daily commercial use<\/strong>, and backed by a <strong>2 lakh km warranty<\/strong> to enhance both <strong>battery reliability<\/strong> and <strong>resale value<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For drivers and fleet operators, the collaboration is expected to boost earnings by reducing <strong>downtime<\/strong>, increasing <strong>vehicle utilization<\/strong>, and lowering <strong>operating costs<\/strong> compared to conventional electric three-wheelers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"management-outlook\"><strong>Atul Auto Management Outlook<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Arun Vinayak, <strong>CEO and Founder of Exponent Energy<\/strong>, stated that the partnership with <strong>Atul Auto<\/strong> combines <strong>rapid-charging technology<\/strong>, <strong>financing access<\/strong>, and a <strong>proven vehicle platform<\/strong> at scale.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He emphasized that their objective is to make <strong>electric vehicles the preferred choice<\/strong> by addressing the <strong>real-world challenges of adoption<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He added that <strong>Atul Auto\u2019s strong manufacturing expertise<\/strong> and <strong>deep knowledge of the three-wheeler market<\/strong> make it the ideal partner to <strong>scale Exponent\u2019s mobility platform<\/strong> through <strong>OEM-integrated vehicles<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"s\">Suggested Reading<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/wealthcreatorz.in\/index.php\/2026\/04\/21\/vijay-kedia-portfolio-strategy-net-worth\/\" data-type=\"link\" data-id=\"https:\/\/wealthcreatorz.in\/index.php\/2026\/04\/21\/vijay-kedia-portfolio-strategy-net-worth\/\">Vijay Kedia Portfolio, Strategy &amp; Net Worth (2026) \u2013 SMILE Investing Explained<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of the small-cap company jumped 10% after signing an MoU with Exponent Energy Pvt. Ltd. to manufacture 15,000 fast-charging electric three-wheelers under a \u20b9490.5 crore, 3-year domestic EV deal. The shares of the small-cap company, engaged in manufacturing and marketing of three-wheeled commercial vehicles such as auto-rickshaws, passenger carriers, and cargo carriers, gained attention &#8230; <a title=\"Vijay Kedia-Backed Atul Auto Rises After Electric Three-Wheeler Pact\" class=\"read-more\" href=\"https:\/\/wealthcreatorz.in\/index.php\/2026\/04\/25\/atul-auto-exponent-energy-ev-deal-vijay-kedia-stock-surge\/\" aria-label=\"More on Vijay Kedia-Backed Atul Auto Rises After Electric Three-Wheeler Pact\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[58,36],"class_list":["post-2511","post","type-post","status-publish","format-standard","hentry","category-articles","tag-atul-auto","tag-vijay-kedia"],"_links":{"self":[{"href":"https:\/\/wealthcreatorz.in\/index.php\/wp-json\/wp\/v2\/posts\/2511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wealthcreatorz.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wealthcreatorz.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wealthcreatorz.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wealthcreatorz.in\/index.php\/wp-json\/wp\/v2\/comments?post=2511"}],"version-history":[{"count":1,"href":"https:\/\/wealthcreatorz.in\/index.php\/wp-json\/wp\/v2\/posts\/2511\/revisions"}],"predecessor-version":[{"id":2514,"href":"https:\/\/wealthcreatorz.in\/index.php\/wp-json\/wp\/v2\/posts\/2511\/revisions\/2514"}],"wp:attachment":[{"href":"https:\/\/wealthcreatorz.in\/index.php\/wp-json\/wp\/v2\/media?parent=2511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wealthcreatorz.in\/index.php\/wp-json\/wp\/v2\/categories?post=2511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wealthcreatorz.in\/index.php\/wp-json\/wp\/v2\/tags?post=2511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}