ADVERTISEMENT
GaadiKey
  • Road Safety
  • Store
  • Car News
    • Maruti Suzuki
    • Hyundai
    • Mahindra
    • Tata
    • Toyota
    • Ford
    • Nissan
    • Honda
    • Volkswagen
    • Renault
    • Kia
    • MG
    • Skoda
    • Fiat
    • Datsun
    • Mercedes-Benz
    • Volvo
    • BMW
    • Audi
    • Jaguar Land Rover
    • Lexus
    • Ferrari
    • Lamborghini
    • Maserati
    • Pininfarina
    • Tesla
  • Bike News
    • Hero
    • Bajaj
    • TVS
    • Honda
    • Yamaha
    • Suzuki
    • KTM
    • Royal Enfield
    • Mahindra
    • Harley Davidson
    • Ducati
    • DSK Benelli
    • Indian
    • Kawasaki
    • Piaggio
    • Triumph Motorcycles
    • UM Motorcycles
  • Reviews
    • Bike Reviews
    • Car Reviews
  • Photos
  • About
  • Advertise
  • Contact us
No Result
View All Result
GaadiKey
No Result
View All Result
ADVERTISEMENT
Home Bikes Ather

Ather signs MoU with TN Government for a new factory in Hosur

MoU for 400,000 sq. ft. facility signed with TN Chief Minister, Mr. Edappadi K. Palaniswami

Chethan Thimmappa by Chethan Thimmappa
December 1, 2019
in Ather, Bikes
0
Ather signs MoU with TN Government for a new factory in Hosur
120
VIEWS
Share on WhatsappShare on FacebookShare on Twitter

Ather Energy has signed an MoU for a 400,000 sq ft electric vehicle manufacturing facility with the Government of Tamil Nadu at the Investment and Skill Development Conclave in Chennai. Ather Energy has already announced its plans to expand to 30 cities in the next few years and this MoU will help scale up production plans for the same. The built-up factory will be located in Hosur, Tamil Nadu and is supported by the government of Tamil Nadu under its EV Policy.

ADVERTISEMENT

This MoU comes on the heels of a big push for electric two-wheelers by State & Central Governments with an updated FAME policy, GST reduction, and benefits for taxpayers on loans for electric two-wheeler purchase.

The facility will not only cater to the EV manufacturing demand but also for Ather’s lithium ion battery manufacturing which is a key area of focus for the company going ahead. The investment is an opportunity for value creation in the sector and will create job opportunities for the region. More than 4000 employees will be trained in requisite skills in the EV sector as a part of this initiative over the next 5 years.

ADVERTISEMENT

Ather Energy opened pre-orders in July 2019 for Chennai and pre-orders till December are full. The third batch of Ather 450s are now available with deliveries expected in February – March ’20. The company has been offering test rides at their experience centre, Ather Space in Wallace Garden Street, Chennai.

Ather has also been investing in setting up fast-charging infrastructure in Bengaluru & Chennai. Currently, Chennai has ten fast charging points and more will be added in the coming months. Post the success in the two cities, Ather is gearing up to launch in Hyderabad, Pune, Delhi and Mumbai in the coming year.

Quote by Tarun Mehta, Chief Executive Officer, Ather Energy:

ADVERTISEMENT

Ather is rapidly scaling up and we need to expand our production capacity to meet the growing demand. The new unit will help us meet the demand for the next few years across the country. Tamil Nadu has been a hub for automobile manufacturing, and they have been working closely with us in their effort to build an EV ecosystem.  A manufacturing facility at Hosur was an ideal choice considering that, it is close to our R&D facilities in Bengaluru and most of the existing and potential future supply base is operating in the region. The availability of a built-up option of our desired scale and proximity helped in the decision making.

About Ather 450: The Ather 450 is designed for city riding conditions, with a top speed of 80 km/hr, a range of 75 km and one of the quickest accelerations of 3.9 seconds from 0-40 km/hr in the scooter category. Also, for the first time in the category, Ather 450 comes with parking assist, which allows riders to reverse into tight parking spots. The key differentiator of the Ather 450 is its intelligent features, seamless charging and ownership experience. The Ather 450 has a 7” touchscreen dashboard that allows onboard navigation with options of alternative routes and saved locations. It comes with the Ather app

that enables push navigation from the phone to the vehicle dashboard, remote monitoring of the vehicle’s health and charge status. Finally, with the over-the-air (OTA) updates functionality, the vehicle can improve over time with continuous upgrades in addition to new features and functionalities.

About Ather: Ather Energy, India’s first intelligent electric vehicle manufacturer was founded in 2013 by IIT Madras alumni, Tarun Mehta, and Swapnil Jain. Backed by founders of Flipkart, Sachin Bansal & Binny Bansal, Hero Motocorp and Tiger Global. Ather Energy has designed India’s first truly intelligent electric scooter – Ather 450 – powered by a comprehensive public charging network, Ather Grid, built and designed in India. With 38 charging Points in Bengaluru and 14 charging Points in Chennai, Ather Grid is the largest fast-charging network for electric vehicles in the country. The company’s product line has won 30 awards in design, automotive and technology categories. With over 51 patent applications, 113 trademarks and 123 design registrations to its name, Ather Energy aims to provide consumers with the best possible ownershipexperience. Ather Energy currently operates in Bengaluru and Chennai and will expand to other major cities across the country.

You can add more to this story by commenting below.

RECOMMENDED FOR YOU:

  1.   Ather Electric Scooters Price dropped – Check revised Price
  2.   Ather Space Opens in Chennai
  3.   Ather 450 Launched in Chennai at Rs 1.31 Lakhs
SendShareTweet
ADVERTISEMENT
Previous Post

Hyundai VENUE to Close CY 2019 with 100,000 Bookings

Next Post

MG Hector retail sales cross 3,239 units in November 2019

Chethan Thimmappa

Chethan Thimmappa

I cover latest automobile news in India with special focus on cars and bikes. Please send me an email to reach@gaadikey.com for any enquiries.

Related Posts

Hero MotoSports announces 3-rider Squad for Dakar 2021
Bikes

Hero MotoCorp sells 505,467 units in February 2021

by Chethan Thimmappa
March 1, 2021
0

Hero MotoCorp Ltd, the world’s largest two-wheeler manufacturer, sold 505,467 units of motorcycles and scooters in February 2021. The company had dispatched 498,242 units of...

Read more
BMW R nineT and BMW R nineT Scrambler launched

BMW R nineT and BMW R nineT Scrambler launched

February 27, 2021
Ola Electric is building largest 2-wheeler factory in 500-acre land

Ola Electric is building largest 2-wheeler factory in 500-acre land

February 25, 2021
Aprilia SXR 160 Scooter unveiled at Auto Expo 2020 – Launch in Q3 2020

Piaggio opens New Vespa, Aprilia Showroom in Mumbai – V Italia

February 23, 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

Hero MotoSports announces 3-rider Squad for Dakar 2021

Hero MotoCorp sells 505,467 units in February 2021

March 1, 2021
New Toyota Fortuner 2021 and Legender launched

Toyota India sells 14,075 units in February 2021

March 1, 2021
2020 Nissan Magnite Price

Nissan India sells 4244 vehicles in February 2021

March 1, 2021
Citroen opens 2 Phygital Showrooms in Bengaluru – C5 Aircross Bookings Open

Citroen opens 2 Phygital Showrooms in Bengaluru – C5 Aircross Bookings Open

February 27, 2021
BMW India launches BMW JOY Days brand campaign

BMW India launches BMW JOY Days brand campaign

February 27, 2021
BMW R nineT and BMW R nineT Scrambler launched

BMW R nineT and BMW R nineT Scrambler launched

February 27, 2021
Vikram Kirloskar of Toyota honoured IIM-JRD Tata Award

Vikram Kirloskar of Toyota honoured IIM-JRD Tata Award

February 25, 2021
Ola Electric is building largest 2-wheeler factory in 500-acre land

Ola Electric is building largest 2-wheeler factory in 500-acre land

February 25, 2021




Archives

Test Driven

Renault Kiger Review – Is it better than Magnite?
Car Reviews

Renault Kiger Review – Is it better than Magnite?

February 22, 2021
The Royal Enfield Meteor 350 Review
Bike Reviews

The Royal Enfield Meteor 350 Review

February 17, 2021
Citroen C5 Aircross Review – Comfort Car from France
Car Reviews

Citroen C5 Aircross Review – Comfort Car from France

February 15, 2021
New Tata Safari Review – Solidly Built
Car Reviews

New Tata Safari Review – Solidly Built

February 4, 2021

Search this Website

No Result
View All Result

Archives

Important Links

  • GaadiKey Store
  • GaadiKey Photos
  • GaadiKey Android App

Recent Posts

  • Hero MotoCorp sells 505,467 units in February 2021
  • Toyota India sells 14,075 units in February 2021
  • Nissan India sells 4244 vehicles in February 2021
  • Citroen opens 2 Phygital Showrooms in Bengaluru – C5 Aircross Bookings Open
  • BMW India launches BMW JOY Days brand campaign

About

GaadiKey

GaadiKey blog is a one stop portal for all the latest in the automobile industry. We are a bunch of people who are passionate about bikes and cars. We share the experience, reviews and stuff connected to Gaadis.

© 2021 GaadiKey - Prime GaadiKey.

No Result
View All Result
  • Road Safety
  • Store
  • Car News
    • Maruti Suzuki
    • Hyundai
    • Mahindra
    • Tata
    • Toyota
    • Ford
    • Nissan
    • Honda
    • Volkswagen
    • Renault
    • Kia
    • MG
    • Skoda
    • Fiat
    • Datsun
    • Mercedes-Benz
    • Volvo
    • BMW
    • Audi
    • Jaguar Land Rover
    • Lexus
    • Ferrari
    • Lamborghini
    • Maserati
    • Pininfarina
    • Tesla
  • Bike News
    • Hero
    • Bajaj
    • TVS
    • Honda
    • Yamaha
    • Suzuki
    • KTM
    • Royal Enfield
    • Mahindra
    • Harley Davidson
    • Ducati
    • DSK Benelli
    • Indian
    • Kawasaki
    • Piaggio
    • Triumph Motorcycles
    • UM Motorcycles
  • Reviews
    • Bike Reviews
    • Car Reviews
  • Photos
  • About
  • Advertise
  • Contact us

© 2021 GaadiKey - Prime GaadiKey.