Ather Energy Approves ₹122 Crore Investment to Lift Annual Output to 1.145 Million
The governing board at Ather Energy sanctioned a 122-crore-rupee capital expenditure to add 225,000 units of annual assembly capacity across its Tamil Nadu and Maharashtra manufacturing sites.
- ₹122 crore
- 225,000 units
- 1.145 million units
- ₹53 crore
What Happened
Corporate leadership at Ather Energy cleared a manufacturing expansion package worth roughly 122 crore rupees on October 26, 2026, deploying capital across two principal industrial operations.
- Up to ₹58 crore investment adding 75,000 units to reach 495,000 units annually by December 2026
- Up to ₹64 crore investment adding 150,000 units to expand planned output to 650,000 units
- 1.145 million electric two-wheelers expanded from 920,000 units
At the Hosur assembly complex in Tamil Nadu, which recorded roughly 98% utilization during peak assembly runs, the company designated 53 crore rupees toward an integrated battery production line to strengthen pack supply.
In Maharashtra, the allocation directs up to 64 crore rupees toward Factory 3.0 within the AURIC industrial district at Chhatrapati Sambhajinagar, lifting planned capacity from 500,000 units to 650,000 units by the second quarter of fiscal 2028.
Why this matters
The capital program increases total planned production to 1.145 million electric two-wheelers to resolve persistent order delays. Bolstering vehicle assembly alongside in-house pack fabrication addresses an estimated monthly retail gap reaching 20,000 scooters.
Terms in This Story
- AURIC
- Aurangabad Industrial City, an industrial development node situated in Chhatrapati Sambhajinagar, Maharashtra.
A brief summary; details can be imperfect — always verify against the original source.