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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Government Plans to set up 69,000 Electric Vehicle Charging Station

As part of the push towards e-mobility, the government now plans to set up more electric vehicle charging points across the country. Minister for Road, Transport and Highways Nitin Gadkari said that the Centre plans to set up at least one EV charging station for each and every 69,000 petrol pumps to push people to use more electric vehicles in future. “Battery charging ecosystem is very important…government is planning to set up at least one electric vehicle charging kiosk at around 69 thousand petrol pumps across the country to induce people…

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