Hero MotoCorp-backed Ather Energy inaugurates second plant in Hosur

24 Nov 2022 Evaluate

Hero MotoCorp-backed electric two-wheeler maker -- Ather Energy has inaugurated its second plant in Hosur although operations commenced in October. The company now has two separate facilities in Hosur to produce vehicles and batteries, respectively.

The company is all set to finalise the location of a third manufacturing plant shortly with plans to make it functional by end of next fiscal to cater to growing demand. The startup which currently sells two electric scooters -- 450X and the 450 Plus -- expects its current capacity of 4.2 lakh units per annum in Hosur (Tamil Nadu) to get fully utilised by next fiscal end.

Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.

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