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Popular Vehicles to Launch Ather EV Operations in Chennai by September


Updated: July 10, 2025 17:39

Image Source: 5paisa
Popular Vehicles and Services Ltd is set to commence operations for Ather Energy’s electric twowheeler facilities in Chennai by September 2025, backed by a Rs 7.5 million investment.
 
Operational Rollout
  • The company’s unit has received a Letter of Intent (LOI) to establish and manage Ather dealerships and service centers in Chennai.
  • This marks Popular’s second major EV collaboration with Ather, following its successful rollout in Trivandrum.
Strategic Expansion
  • The move aligns with Popular’s broader strategy to deepen its footprint in the fastgrowing electric mobility segment.
  • The Chennai facility will offer sales, service, and spare parts support for Ather’s 450X and 450 Apex models.
Market Impact
  • With Tamil Nadu emerging as an EV manufacturing hub, Popular’s entry is expected to boost regional adoption and customer access.
  • The investment complements the company’s integrated mobility ecosystem, spanning passenger vehicles, commercial fleets, and EVs.
Sources: Popular Vehicles Investor Deck, Economic Times Auto, Moneycontrol, BSE Filings, Ather Energy Newsroom

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