Business Standard

Ather Energy to set up EV, lithium-ion battery plant in Tamil Nadu

The new unit will help us meet the demand for the next few years across the country, said CEO Tarun Mehta

Ather Energy CEO Tarun Mehta (right) and Chief Technology Officer Swapnil Jain at the launch of the start-up's first smart scooter
Premium

File photo: Ather Energy CEO Tarun Mehta (right) and Chief Technology Officer Swapnil Jain at the launch of the start-up's first smart scooter

Gireesh Babu Chennai
Ather Energy has signed a Memorandum of Understanding with the Tamil Nadu government to set up an electric vehicle and lithium ion battery manufacturing facility in Hosur, which is close to Bengaluru. The new facility will come up in an area of 400,000 sq ft.

Ather Energy has already announced its plans to expand to 30 cities in the next few years and this MoU will help scale up production plans for the same, said the company. The factory will be supported by state government's recently released EV policy. The project is also expected to get support from state and

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 01 2019 | 3:01 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com