Ather Energy has teamed up with Bharat FIH to develop and manufacture key electronic components for its electric scooters such as 450X and the 450 Plus. As per the agreement, the arm of the Foxconn Technology Group (which also assembles Apple products in India) will be supplying a host of parts such as Printed Circuit Board (PCB) Assemblies for Battery Management Systems, Dashboard Assembly, Peripheral Controlling Units, and Drive Control Modules from its facilities to the Indian two-wheeler EV Company.
Ather Energy has revealed that products will be manufactured on a ‘Turn-Key' model, including managing the supply chain logistics and raw material procurement.
Josh Foulger, Managing Director, Bharat FIH said, "With electronics being a significant integral part of an intelligent electric vehicle, we look forward to extending our electronics manufacturing services and technical expertise for the entire range of Ather’s electric scooter offering."
Ather Energy had announced last year that it will be scaling up its production from 120,000 to 400,000 units per annum at its Hosur facility.
The Hero MotoCorp-backed firm claims that it continues to see a good response for its electric scooters and has grown phenomenally in the past 12 months, with a 20% increase in month-on-month sales and this trend is expected to continue in the coming months.
Over the years, Ather Energy claims that it has strengthened its local supplier base with nearly 99% of the products being indigenously built and sourced for manufacturing. While making the announcement, Tarun Mehta, Co-founder & Chief Executive Officer, Ather Energy, stated, "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."