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 manufac...