Bharat Alt Fuel to invest Rs 250 crore in greenfield EV unit

Bharat Alt Fuel, which focuses on alternative fuel technology and e-mobility, will set up a greenfield unit in Tamil Nadu at an investment of Rs 250 crore to manufacture electric vehicles, batteries, and motors, a top company official said. The integrated facility spread across 40,000 square metres in Krishnagiri, around 300 km from here, was expected to commence production in the second half of 2023.
“BAF aspires to be a catalyst for change wherever it is needed, so it makes perfect sense that we are bringing electric two-wheelers to one of the world’s largest vehicle markets. Our new factory will be making all the critical components, including batteries and motors. ”
“Establishing a global manufacturing footprint is a practical, natural step and enables us to grow our brand, scale our business, and address climate change through inspiring sustainable transportation,” its executive director, Sorubh Kumar Bharti, said.