Ather Energy partners with Foxconn arm for sourcing EV components
POWER & RENEWABLE ENERGY

Ather Energy partners with Foxconn arm for sourcing EV components

Ather Energy, an electric two-wheeler manufacturer, has partnered with Foxconn subsidiary, Bharat FIH to source various components for its electric vehicles (EVs).

Bharat FIH will be managing the whole supply chain and logistics for these components, which include printed circuit board assemblies, peripheral controlling units, and drive control modules. Besides these products that it manufactures in-house, Bharat FIH also has an agreement with a supplier to manufacture electronic grade lead-acid batteries for the company's electric vehicle projects.

Earlier, Sanmina Corporation used to supply these components.

Ather Energy chief executive officer, Tarun Mehta said that they are working to strengthen their supply chain to meet the rising demand for their scooters.

He added that they are delighted to partner with Bharat FIH to offer us the supply chain capability, capacity, and process expertise to cater to their volumes as well as projections.

Mehta said that the partnership reflects how many large auto component manufacturers want to take advantage of opportunities in the EV industry. Lack of interest among larger suppliers has hindered EV manufacturers, but now things are improving because supply is picking up.

In February, Ather sold 2,042 scooters, a rise of 140% year-on-year (YoY).

Image Source

Also read: Vedanta partners with Foxconn to produce semiconductors in India

Ather Energy, an electric two-wheeler manufacturer, has partnered with Foxconn subsidiary, Bharat FIH to source various components for its electric vehicles (EVs). Bharat FIH will be managing the whole supply chain and logistics for these components, which include printed circuit board assemblies, peripheral controlling units, and drive control modules. Besides these products that it manufactures in-house, Bharat FIH also has an agreement with a supplier to manufacture electronic grade lead-acid batteries for the company's electric vehicle projects. Earlier, Sanmina Corporation used to supply these components. Ather Energy chief executive officer, Tarun Mehta said that they are working to strengthen their supply chain to meet the rising demand for their scooters. He added that they are delighted to partner with Bharat FIH to offer us the supply chain capability, capacity, and process expertise to cater to their volumes as well as projections. Mehta said that the partnership reflects how many large auto component manufacturers want to take advantage of opportunities in the EV industry. Lack of interest among larger suppliers has hindered EV manufacturers, but now things are improving because supply is picking up. In February, Ather sold 2,042 scooters, a rise of 140% year-on-year (YoY). Image Source Also read: Vedanta partners with Foxconn to produce semiconductors in India

Next Story
Real Estate

Dharavi Rising

Dharavi, Asia’s largest informal settlement, stands on the cusp of a historic transformation. With an ambitious urban renewal project finally taking shape, millions of residents are looking ahead with hope. But delivering a project of this scale brings immense challenges – from land acquisition to rehabilitate ineligible residents outside Dharavi and rehabilitation to infrastructure development. It also requires balancing commercial goals with deep-rooted social impact. At the helm is SVR Srinivas, IAS, CEO & Officer on Special Duty, Dharavi Redevelopment Project (DRP), Government..

Next Story
Real Estate

MLDL Records 20.4% Growth in Pre-Sales

Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced its financial results for the quarter ended March 31, 2025. In line with INDAS 115, the company recognises revenues using the completion of contract method. Key highlights FY25: Consolidated sales (Residential and IC&IC) of Rs 32.99 billion. Gross development value (GDV) additions in FY25 were Rs 1.81 trillion compared to Rs 440 billion in FY24 (~4x growth). Residential pre-sales of Rs 28.04 billion in FY25, reflecting 20.4% growth o..

Next Story
Infrastructure Transport

UCSL Delivers India's First Green Cargo Vessel to Norway

In a landmark achievement for Indian shipbuilding and the Atma Nirbhar Bharat initiative, Udupi Cochin Shipyard Limited (UCSL), a subsidiary of Cochin Shipyard Limited (CSL), has delivered the first of six next-generation green cargo vessels to Norway-based Wilson Ship Management AS, Europe’s largest short-sea shipping operator. The 3,800 DWT vessel, named Wilson Eco 1, was handed over during a ceremony at New Mangalore Port. The delivery is part of a Rs 5.06 billion project supported by Norway’s green maritime funding programme, marking India's entry into the European eco-friendly ca..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?