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Ather Energy signs MoU for EV manufacturing facility in Tamil Nadu

Tuesday, 03 Dec 2019
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Ather Energy has inked a memorandum of understanding (MoU) for a electric vehicle manufacturing facility with the government of Tamil Nadu at the Investment and Skill Development Conclave in Chennai.

The facility will spread over four lakh sq ft. The company has already announced its plans to expand to 30 cities in the next few years and the MoU will help scale up production plans for the same. The built-up factory will be located in Hosur, Tamil Nadu and is supported by the government of Tamil Nadu under its EV Policy.

The facility will not only cater to the EV manufacturing demand, but also for Ather Energy’s lithium-ion battery manufacturing which is a key area of focus for the company. The investment is an opportunity for value creation in the sector and will create job opportunities for the region.

More than 4,000 employees will be trained in requisite skills in the EV sector as part of this initiative over the next five years. Ather Energy opened pre-orders in July 2019 for Chennai, and pre-orders till December 2019 are full. The third batch of Ather 450s is now available with deliveries expected in February-March 2020.

The company has been offering test rides at their experience centre, Ather Space in Wallace Garden Street, Chennai. It has also been investing in setting up fast-charging infrastructure in Bengaluru and Chennai. Currently, Chennai has 10 fast charging points and more will be added in coming months. Ather Energy is gearing up to launch in Hyderabad, Pune, Delhi and Mumbai in 2020.

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