Ather Energy goals to scale up its electric scooter manufacturing from 120,000 to 400,000 per 12 months at its Hosur plant.
Ather Energy on Wednesday has introduced its partnership with Bharat FIH, to develop and manufacture key components for its electric scooters. Bharat FIH will present Ather Energy with the components for electric scooters like Ather 450X and 450 Plus, claims the EV maker. Ather additionally stated that Bharat FIH will manufacture Printed Circuit Board (PCB) Assemblies for Battery Management Systems, dashboard meeting, Peripheral Controlling Units, and Drive Control Modules.
(Also Read: Ather Energy sells 2,042 electric scooters in February)
Ather additionally stated that these merchandise can be manufactured on a ‘Turn-Key” mannequin, together with managing the provision chain logistics and uncooked materials procurement for Ather Energy. Bharat FIH has already begun the manufacturing of components for Ather scooters.
Ather Energy goals to scale up its electric scooter manufacturing from 120,000 to 400,000 per 12 months at its Hosur facility. The firm has just lately acquired extra land for plant growth. The firm goals to improve its manufacturing capability to a million models over the subsequent three years. The partnership with Bharat FIH is anticipated to help Ather in that concentrate on.
Besides scaling electric scooter manufacturing, Ather can be aiming to set up 5,000 quick chargers throughout India. Also, it plans to develop new electric scooters as properly. Apart from all these, the corporate is aiming at increasing its retail community to 600 shops from the present 30 shops.
Speaking on this partnership, Tarun Mehta, Co-founder & Chief Executive Officer, Ather Energy, stated that the corporate finds itself within the midst of phenomenal development because it continues to increase its retail footprint throughout India.
“We are working towards strengthening our supply chain to cater to the rising demand for our scooters. Towards this, we are delighted to partner with Bharat FIH to provide us with the capacity, supply chain capability, and process expertise to achieve our volumes and projections. Bharat FIH has demonstrated incredible capability over the last few months by ramping up very quickly to meet our requirements. This partnership also reflects the opportunities that large auto component manufacturers today recognise in the EV industry,” he additional added.
First Published Date: 09 Mar 2022, 05:39 PM IST