Ather Energy Capacity Catchup May Take 3-4 Quarters, Says CEO Tarun Mehta
· Automobile · Business Standard, Yahoo Finance
Ather Energy CEO Tarun Mehta stated that the company requires another three to four quarters to bridge its production capacity gap. The electric vehicle manufacturer is currently working to scale up its manufacturing output to meet rising domestic demand. Mehta outlined the timeline during a recent industry interaction addressing production constraints. The delay highlights the operational hurdles faced by EV makers amid shifting market dynamics.
Why it matters
The capacity constraint impacts electric vehicle buyers facing delivery wait times and influences Ather Energy's market share in India's expanding two-wheeler EV sector.
Read the original report — Business Standard
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