Ather Energy to Establish Third Plant in Aurangabad with a ₹1,000 Crore Investment

 


Bengaluru-based electric vehicle manufacturer, Ather Energy, has announced plans to set up its third manufacturing facility in Aurangabad, Maharashtra. The new plant represents a significant expansion for Ather, involving an investment exceeding ₹1,000 crore. This strategic move underscores Ather's commitment to scaling its production capabilities to meet the rising demand for electric scooters in India.

Ather Energy, known for its innovative and high-performance electric scooters, has seen rapid growth since its inception. The company's existing manufacturing facilities in Bengaluru and Hosur are already operating at full capacity, prompting the need for additional production infrastructure. The new Aurangabad plant will significantly boost Ather's production capacity, helping to reduce wait times and improve delivery schedules for customers.

The choice of Aurangabad is strategic due to its advantageous location and industrial ecosystem, which supports automotive manufacturing. Maharashtra's supportive policies and infrastructure for electric vehicles also played a crucial role in Ather's decision. The new facility is expected to generate significant employment opportunities in the region, contributing to the local economy and fostering the growth of the EV sector in the state.

With the new plant, Ather Energy aims to enhance its manufacturing efficiency and increase the production of its popular models, including the Ather 450X and Ather 450 Plus. The facility will be equipped with advanced automation and quality control systems, ensuring that Ather's high standards are maintained. The investment also underscores Ather's long-term vision of promoting sustainable mobility solutions across India.

In conclusion, Ather Energy's establishment of a third plant in Aurangabad with an investment of over ₹1,000 crore marks a significant milestone in the company's growth trajectory. It reflects Ather's robust expansion strategy and commitment to meeting the growing demand for electric vehicles in India. This move will not only bolster Ather's production capabilities but also contribute to the broader adoption of electric vehicles, aligning with India's goals for a greener and more sustainable future.

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