Ather Energy planning to set up new manufacturing plant to expand capacity

Ather Energy, a manufacturer of electric two-wheelers, is planning to bolster its production capabilities with the addition of a new manufacturing facility, according to a report in Hindu Businessline. Ravneet Phokela, Chief Business Officer of Ather Energy, told Hindu Businessline that while the location for the new facility is still under consideration, it will definitely be situated outside the state of Tamil Nadu, where the company’s current plant is located.

Once both facilities are operational, Ather Energy will have the capability to produce 420,000 units annually, the newspaper reported. Alongside the new manufacturing site, the company is also in the process of developing new products to capture a greater market share in India.