Ather's Hosur Facility To Continue Operations Confirms Tarun Mehta

Ather Energy has put to rest all rumours about shifting its manufacturing hub from Tamil Nadu to Maharashtra. Tarun Mehta, CEO and co-founder, took to his social media to confirm that the existing Hosur facility will remain a critical component of its production ecosystem, while simultaneously expanding with a new factory in Maharashtra.

(Also Read: Ather Energy Plans Third Plant in Aurangabad, Maharashtra)

Tarun Mehta directly refuted speculation about relocating production from Hosur. The current facility, which has been operational since 2021, will continue manufacturing the 450 series and Rizta scooter lines, alongside battery production. Moreover, Ather Energy also confirmed earlier this year that it will be expanding its Bengaluru-facility to accelerate its product development and R&D ecosystem. The upgraded 38,692 sq.ft.facility will further enhance quality control, reliable testing, and performance validation. 

The new factory, located in Chhatrapati Sambhajinagar's AURIC industrial zone, represents a strategic expansion aimed at scaling production capabilities. Mehta emphasised that the Maharashtra facility is designed to complement, not replace, the existing Hosur plant.

The company's ambitious production plan targets a combined annual capacity exceeding one million electric vehicles. The Hosur facility, spanning 4,00,000 sq. ft., was initially designed for 1,10,000 units annually and has since been expanded to meet increasing market demand. Some of the key advantages of the new factory include, optimised logistics, proximity to additional markets, and enhanced supply chain capabilities. 

(Also Read: Ather Values Its IPO At $1.2 Billion, Down From $2 Billion Estimates)

Ather is slated to go public this year. The Bengaluru-based EV company has already secured Securities and Exchange Board of India earlier this year. Via the IPO, Ather Energy plans to raise ₹1.2 billion (₹10,471 crores), which will not only help Ather to strategise its future product launches more efficiently, but will also solidify its in-house battery technology.