Earth Energy EV plans six new vehicles this year for India market
January 19, 2021
Eyes 96% localisation; plans 4,500 commercial, non-commercial EVs this year Mumbai-based automotive start-up Earth Energy EV is planning to launch six new commercial and non-commercial vehicles this year for the India market
, with 96 per cent localisation. With its manufacturing plant located in Mumbai, the company aims to produce 4,500 electric vehicles (EV) this year.
Earth Energy EV is also in advanced stages of setting up a greenfield manufacturing facility in Maharashtra with an annual capacity of 65,000 units. Investments for the new facility were not immediately disclosed.
The company will be producing EV batteries in India, which would bring down costs considerably. Earth Energy vehicles are compliant with all public charging stations being set up by both government and private players, it said in a statement.