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Shares Jump over 5% after Rollout of its Nexon EV

news18.com/amp/news/business/t

Tata Motors also announced its plans to build an ecosystem in for , under which it will be setting up charging stations and building a plant.

Until now, the cells and motors used in Ather’s electric scooters were being imported. However, in March, will stop importing the motors and source them locally. This should help the company keeping the prices of its products in check. In the future, the company could find a way to localise the cells, too.

indianautosblog.com/ather-ener

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