Ather Energy Electric Scooter Production Commences At New Hosur Plant: Here Are The Details! Leave a comment


Ather Energy Electric Scooter Production Commences At New Hosur Plant: Here Are The Details!

The
commencement
of
production
at
the
new
Hosur
plant
will
also
allow
Ather
Energy
to
rapidly
expand
its
operations
to
newer
markets
across
the
country.
The
new
production
facility
at
Hosur
comes
almost
a
year
after
the
company
signed
an
MoU
with
the
Tamil
Nadu
government.

Ather Energy Electric Scooter Production Commences At New Hosur Plant: Here Are The Details!

The
new
facility
at
Hosur
is
said
to
be
spread
across
a
massive
4
lakh
square
feet.
At
the
time
of
signing
the
MoU,
Ather
Energy
had
stated
that
the
new
facility
once
operational
will
help
create
over
4000
new
jobs
opportunities
over
a
period
of
five
years.

Ather Energy Electric Scooter Production Commences At New Hosur Plant: Here Are The Details!


Guidance_Tamil
Nadu

congratulated
the
company
on
starting
production
operations
at
Hosur,
via
a
tweet,
which
read,

“Many
congratulations
@atherenergy
on
commencing
the
electric
scooter
manufacturing
in
Hosur.
This
is
an
important
milestone
for
Tamil
Nadu
in
propelling
the
electric
mobility
goals.”

Ather Energy Electric Scooter Production Commences At New Hosur Plant: Here Are The Details!

Ather
Energy
recently
announced
that
the
company
received
a
fresh
investment
of
$35
million
in
their
latest
Series
D
funding.
This
new
investment
will
allow
the
company
to
rapidly
expand
to
multiple
new
cities
across
the
country,
while
the
new
production
facility
will
help
meet
the
demands
for
the
brand’s
electric
scooter
offering
across
all
markets.

Ather Energy Electric Scooter Production Commences At New Hosur Plant: Here Are The Details!

The
company
has
also
announced
its
phase-2
expansion
plans
for
the
Indian
market.
According
to
this,
the
company
is
said
to
be
working
on
introducing
its
products
in
27
cities
across
India
by
the
end
of
Q1
of
2021.

Ather Energy Electric Scooter Production Commences At New Hosur Plant: Here Are The Details!

Ather
Energy
has
already
entered
various
major
markets
such
as
Mumbai,
Delhi-NCR,
Pune
and
Hyderabad,
apart
from
its
full-fledged
operations
at
Bengaluru
and
Chennai.
The
company
even
fast-forwarded
its
phase-1
expansion
with
the
450X
launch
in
16
new
cities
across
the
country
as
well.

Ather Energy Electric Scooter Production Commences At New Hosur Plant: Here Are The Details!


Thoughts
On
The
Ather
Energy
Electric
Scooter
Production
Commencing
At
Their
New
Hosur
Plant

Ather
Energy
seems
to
be
aggressively
expanding
across
various
markets
in
the
country.
Their
product
450X
has
been
received
extremely
well
across
all
markets,
with
good
demand.
The
new
production
facility
in
Hosur
should
now
help
meet
the
rising
demands
for
the
electric
scooter
in
India.





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