Bangalore-based electric two-wheeler manufacturer Ather Energy has announced the opening of its second factory in Hosur, Tamil Nadu. It is built on an area of 3,00,000 square feet. The new plant will allow the company to increase production to 420,000 units per year. As a result, we are able to increase the production of the Ather 450X and 450 Plus electric scooters to the expected level.
The new factory is split into two units, one to manufacture batteries and the other to manufacture electric scooters. There are five assembly lines for battery units and two for EVs. By the way, this is Ether’s second factory in Hosur. They have so far invested him Rs 320 crore. Also, in five years he will invest Rs.650 crore.
This world-class ethereal construction center supports the Government of India’s ‘Atmanirbhar Bharat’ campaign. Its main purpose is to facilitate the localization of any product. In this regard, his Swapnil Jain, co-founder and CTO of Ether Energy, said:
Ether claims their new factory will be waste-free. Also developed as a zero water extraction unit. There is an “Energy Regeneration Tester” in the factory. Meanwhile, Ether aims to open about 150 experience centers in his 100 cities across the country by March 2023. In addition, the company is also investing in the development of charging infrastructure. They have already installed 500 fast charging stations in the country.