Ather Energy in expansion mode, targets to increase production
Bullish over long-term growth prospects of green mobility solutions in the country, electric scooter-maker Ather Energy is looking to ramp up production, introduce new products and expand sales network across the country, a top company official said on Friday.
The Bengaluru-based firm, which is backed by the likes of HeroMoto Corp and Flipkart founders Sachin and Binny Bansal, plans to ramp up production capacity at its Hosur plant in Karnataka to five lakh units per annum by the end of next fiscal.
The facility currently has an installed capacity to roll out 1.1 lakh units per annum.
