Ather Energy partners with Foxconn to meet growing demand for its electric vehicles

Local electric scooter brand Ather Energy on Wednesday announced a partnership with Bharat FIH, a Foxconn Technology group company, to develop and manufacture key components for its Ather 450X and 450 Plus scooters.

Ather Energy, in a statement, said the partnership would help the company improve its manufacturing ecosystem to meet the strong demand for its flagship products.

Josh Foulger, Managing Director of Bharat FIH Ltd, said: “We are delighted and highly valued our partnership with Ather Energy to support their electric vehicle journey in India. With electronics being an important integral part of a smart electric vehicle, we look forward to extending our electronics manufacturing services and technical expertise to Ather’s entire line of electric scooters. We believe in supporting all efforts of an EV technology company like Ather Energy.

Bharat FIH will offer manufacturing services such as printed circuit board (PCB) assemblies for battery management systems, dashboard assembly, peripheral control units and drive control modules. Bharat FIH will manufacture these products on a “turnkey” model for Ather Energy and has started production of parts for Ather scooters in its factory.

Ather Energy currently offers electric scooters – the 450X and 450 Plus – and have seen phenomenal growth over the past 12 months. It saw a 20% increase in sales month-over-month and expects to see a similar trend in the coming months. Ather Energy also claims that it has a strong local supplier base, with nearly 99% of products being produced and sourced locally for manufacturing.

To meet long-term growing demand, Ather Energy has announced it will increase production from 120,000 to 400,000 units per year at its Hosur plant and recently acquired more land to increase production.

Ather plans to increase its annual production capacity to one million scooters, install around 5,000 fast chargers across the country and expand its network to 600 stores over the next three years.

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