Ather Energy offers the first glimpse of its 123,000 sq. ft. EV manufacturing facility in Hosur, TN
● 90% of Ather Energy’s production are localised in India
● Annual capacity 110,000 scooters and 120,000 battery packs
● Investment of INR 635 crore over next 5 years
Ather Energy, India’s first intelligent electric vehicle manufacturer, began operations from its mega-factory in Hosur, Tamil Nadu from 2nd January 2021. Since then, Ather Energy has begun deliveries in Mumbai, Pune, Ahmedabad, Bangalore, Chennai, and Hyderabad and more deliveries planned in a phased manner across 21 other cities by Q1.
The facility is a perfect example of the Make in India vision as 90% of the manufacturing of Ather Energy products is localised, including the battery pack which is made by Ather Energy themselves. The Ather 450X and the Ather 450 Plus are completely Made in India - designed in Bengaluru. With a strong local ecosystem that has been developed, most of the supplier base for Ather Energy is in Tamil Nadu, making Hosur an ideal location for the factory.
With a capacity to produce 110,000 scooters annually, the facility will serve as Ather Energy's national manufacturing hub catering to demand from across the country. Ather Energy has confirmed deliveries and presence across 27 cities in 15 states. (Bangalore, Chennai, Mumbai, Pune, Delhi, Hyderabad, Kochi, Coimbatore, Kolkata, Calicut, Ahmedabad, Mysore, Hubli, Jaipur, Indore, Panaji, Bhubaneshwar, Nasik, Surat, Chandigarh, Vijayawada, Visakhapatnam, Guwahati, Nagpur, Noida, Lucknow, and Siliguri). Ather Energy is likely to expand to 40 cities by the end of 2021.
The factory is supported by the government of Tamil Nadu under its EV Policy. Apart from the EV manufacturing, the facility will also focus on lithium-ion battery manufacturing which is a key area of focus for Ather Energy going ahead. The investment is an opportunity for value creation in the sector and will create job opportunities in the region. As a part of this initiative, more than 4000 employees will be trained in requisite skills in the EV sector over the next 5 years.
The manufacturing facility is built on Industry