Ather Energy's new plant in Hosur, Tamil Nadu, will ramp up the production to help meet the high demand for the Ather 450 scooter.
If you’ve been following the EV Industry of the country lately, you’ll be aware that Ather Energy is one of the most promising players out there. And not without reason. A couple of months ago we managed to get our hands on its first scooter, the Ather 450, and we were mighty impressed with it. However, as good as it is, the problem with the Ather 450 is its limited availability, since the scooter is only available in Bengaluru and Chennai. The reason for this is high demand for the scooter and limited production capacity – Ather told us its current annual production stands at just 20,000 – 25,000 units. But now, there’s some good news, as Ather has signed an MoU with Tamil Nadu government – the company is looking forward to set up a new production facility in Hosur.
According to a statement released by Ather, the new plant will be built across an area of 400,000 sq. ft., and it’ll be supported by the Tamil Nadu government under its EV Policy. Ather says that along with the production of its scooters, the plant will also be used for manufacturing the company’s lithium-ion battery. Over 4,000 people will be employed at the new facility over the next five years. Ather hasn’t yet shared the annual or monthly production target of its upcoming unit, but the company insists that they plan to expand their operations in 30 more cities in the next few years, starting with Hyderabad, Pune, Delhi, and Mumbai in 2020.
Commenting on the development, Tarun Mehta, Chief Executive Officer, Ather Energy, said, ‘Ather is rapidly scaling up, and we need to expand our production capacity to meet the growing demand. The new unit will help us meet the demand for the next few years across the country. Tamil Nadu has been a hub for automobile manufacturing, and they have been working closely with us in their effort to build an EV ecosystem. A manufacturing facility at Hosur was an ideal choice considering that it is close to our R&D facilities in Bengaluru and most of the existing and potential future supply base is operating in the region. The availability of a built-up option of our desired scale and proximity helped in the decision making.’