Ather Energy to invest Rs 635 cr in next five yrs at its new manufacturing facility in Hosur

Hero MotoCorp-backed electric two-wheeler maker Ather Energy on Friday said it would invest Rs 635 crore in the next five years at its manufacturing facility in Tamil Nadu to scale up production. The company, which began operations from the factory in Hosur, from January 2 this year, has achieved 90 per cent localisation of parts, including battery pack which is made in-house, Ather Energy said in a statement. The plant has an annual capacity of 1.1 lakh scooters and 1.2 lakh battery packs. “It’s been a great journey for us so far,…

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Mahindra Announces Free Mega Service Camp For All Its Passenger Vehicles

Mahindra & Mahindra Ltd. has announced a free, nation-wide, mega service camp, M-Plus, for customers of its entire range of personal vehicles. Mahindra’s passenger vehicles include the Bolero, Scorpio, XUV500, Marazzo, Alturas G4, XUV300 TUV300, KUV100, Thar, Xylo, Nuvosport, Quanto, Verito, Verito Vibe, Logan and Rexton. This grand customer-centric initiative will be organized between till February 18, 2021, in almost 600 Mahindra authorized workshops, across all the major cities of the country. The M-Plus Mega Service Camps will provide Mahindra owners with the opportunity to ensure that their vehicles are…

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