Hyderabad-based ETO Motors, which manufactures electric vehicles is set for an expansion in the city. The company which manufactures electric three-wheelers under the brand Bulke Plus and passenger vehicles under the brand Trilux, is going for a second manufacturing unit in the city.
While its first unit with a capacity to make about 600 units per month is already operating. The company is looking for a proper location for the second unit which will be having more capacity than the existing one. "The first unit investment is around 250 Crore Rupees while the investment and other configurations of the second unit will be announced shortly," the company says.
The company is working on setting up charging stations and deploying fleets for last-mile connectivity and logistics operations. ETO has a presence in Hyderabad, Delhi, Visakhapatnam, Vijayawada, and Nagpur and will soon launch its operations in Chennai, Kolkata, and other cities. They have orders of around 3,000 units to be delivered over the next few months.