Ather Energy in talks with various state governments to set up third manufacturing plant

Hero MotoCorp-backed electric two-wheeler maker Ather Energy is in talks with several state governments to set up a new manufacturing facility in the country, according to sources.

The company is said to be in talks with officials of several state governments, including Andhra Pradesh, Maharashtra, Gujarat, Telangana and Karnataka, to set up an additional manufacturing plant with an annual capacity of about 15 lakh units.

The sources said the company is in the last leg of negotiations and is likely to finalise the location within the next month.

When contacted, a company spokesperson declined to comment on the matter.

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