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India

Ather Energy, India to invest INR 1.22 billion to expand electric two-wheeler capacity

On October 26, Ather Energy’s board approved a capital expenditure of approximately INR 1.22 billion, including taxes, to expand manufacturing capacity at its Hosur plant in Tamil Nadu and its under-construction Factory 3.0 in Chhatrapati Sambhajinagar, Maharashtra.
The expansion will raise annual electric two-wheele....

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