Ather Energy plans to build new EV facility

Leading EV company Ather Energy announced that it is in talks with multiple state governments to build an additional factory to meet demand as the uptake of electric two-wheelers somewhat stabilises after major fire disasters last year.

According to Ravneet Phokela, Chief Business Officer (CBO) of Ather Energy, the company is growing manufacturing production and plans to add 1 million units of capacity to its current 400,000 annual capacity.

“To drive faster adoption of EVs, we continue investing in public fast-charging networks

With around 1,000 chargers installed across the country, we already have the largest fast-charging network for two-wheelers in the country, and this number continues to grow,” Phokela said.

Ather Energy, based in Bengaluru, reported sales of 9,187 units in December 2022, a 389% increase (on-year growth).

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