Atul Greentech Private Limited (AGPL), a subsidiary of Atul Auto Limited, has joined fingers with Valeo and Honda Power Pack Energy India Private Limited to develop electrical autos (EVs) with battery swapping options. By collaborating with these corporations, Atul Greentech will likely be growing the prototype model of its cargo and passenger three-wheelers. AGPL’s prototype will likely be geared up with Honda Mobile Power Pack e: Swap (swappable battery pack) and Valeo’s powertrain system.
AGPL would launch the e-vehicle after the profitable completion of area trials. It is price mentioning that since Atul Auto is listed on the Indian Stock exchanges, the corporate has notified the identical data to NSE (National Stock Exchange of India Ltd, Mumbai) as properly. Thanks to this announcement, Atul Auto’s share witnessed a bounce of round 12 per cent immediately (i.e. on April 21, 2022) and whereas submitting the story, it’s buying and selling at Rs 206.15 apiece.
Atul Greentech Private Limited (AGPL) is engaged in designing and growing modern options for last-mile electrical mobility for each home in addition to export markets. Over the final couple of years, AGPL has developed automotive-grade fastened thermal battery options, Battery Management Systems and Vehicle Telematics Solutions.
Honda Power Pack Energy India Pvt. Ltd. is a totally owned subsidiary of Honda Motor Co. Ltd. Japan. It has lately introduced to start battery sharing service in India beginning with electrical three-wheelers. Valeo is a expertise firm that may present its 48V built-in compact electrical powertrain system together with the Powertrain Control Unit for Atul’s upcoming cargo and passenger three-wheeler that’s anticipated to be launched in India quickly.
Source: www.financialexpress.com”