Ather Energy starts its second manufacturing facility, plans 4 lakh units annually
The company plans to manufacture 400,000 units per annum from its current capacity of 120,000 units
The facility will also focus on lithium-ion battery manufacturing
One of the India’s leading EV makers, Ather Energy, has commissioned its second manufacturing facility in Hosur, Tamil Nadu, to cater to the growing demand of its electric scooters 450X and 450 Plus. The company plans to manufacture 400,000 units per annum from its current capacity of 120,000 units. Ather Energy had set up its first manufacturing facility at Hosur earlier this year. The company also plans to invest ₹650 crores in the next five years to enhance operational efficiency and production capacity to meet the demand.