Ather Energy to Invest Over Rs 2,000 Crore For Third Plant In Maharashtra

Ather Energy is set to establish its third manufacturing plant in Maharashtra for the production of up to 10 lakh electric two-wheelers and battery packs. The state's deputy chief minister, Devendra Fadnavis, stated on X (formerly Twitter) that an investment of over 2,000 crore will be made in a new manufacturing unit located in Aurangabad Industrial City (AURIC), generating approximately 4,000 jobs. According to Ather, the new facility's location will reduce logistical expenses and improve delivery timelines. It will also increase the current production capacity, which is 4.20 lakh units annually. Currently, the company operates two manufacturing facilities in Hosur, Tamil Nadu: one for vehicles and another for batteries.

In his post on X, Ather Energy co-founder, Swapnil Jain said 'We are excited about our investments in Maharashtra. With our expanding product portfolio and the increasing consumer demand for our products, we decided to strategically diversify our production capabilities to an additional location that will be closer to more markets in the country. We are thankful to the Maharashtra government and its policies that foster EV manufacturing and growth.'

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Ather Rizta: A Quick Recap

Ather introduced the Rizta in India for Rs 1.10 lakh (ex-showroom) in April and rolled out its first unit from the Hosur, Tamil Nadu, facility this month. The deliveries of the electric scooter will begin in July, while bookings are currently open for Rs 999. The EV is available in two versions: S (2.9kWh battery) and Z (2.9kWh/3.7kWh). The former costs Rs 1.10 lakh, and the latter ranges between Rs 1.25 lakh and Rs 1.45 lakh, depending on the edition.

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The regular S version has a range of 105 kilometres, while the Z model offers a range of 125 kilometres. There is a five-year warranty on each battery. The electric scooter's hardware setup includes a telescopic fork, a rear monoshock, a 200mm front, a 130mm rear drum, and 12-inch alloy wheels.