Zelio E-Mobility Inaugurates New Manufacturing Plant in Coimbatore, Boosting Capacity by 33%
Zelio E-Mobility Ltd., a rapidly growing manufacturer of electric two and three-wheelers, has commenced operations at its new state-of-the-art manufacturing facility located in Coimbatore, Tamil Nadu. This strategic expansion is set to significantly strengthen the company’s presence across southern Indian markets.The 39,000 sq. ft. facility, strategically located on Trichy Road in Coimbatore, officially began production on July 13, 2026. The new plant will focus on electric scooter assembly and associated operations, primarily catering to the needs of customers in Tamil Nadu, Karnataka, Kerala, Telangana, Andhra Pradesh, and South Maharashtra.
The commissioning of this facility marks a major leap in Zelio E-Mobility’s capacity planning. The addition of the Coimbatore unit introduces 60,000 units per annum to the company's production capabilities. Prior to this expansion, the total installed manufacturing capacity stood at 180,000 units per annum. With the new plant operational, Zelio E-Mobility’s aggregate installed capacity now stands at 240,000 units annually, representing a 33% increase.
The facility was established with a capital expenditure of up to INR 1 crore and will be financed through internal accruals. While the total capacity addition is robust, management notes that during its initial phase of operations, the Coimbatore plant is expected to produce between 24,000 and 30,000 electric two-wheelers annually, with production ramping up as per market demand.
| Metric | Details |
|---|---|
| Existing Annual Capacity (Total) | 180,000 units |
| Proposed Capacity Addition (Coimbatore) | 60,000 units per annum |
| New Aggregate Capacity (Total) | 240,000 units per annum |
| Pre-expansion Utilization (Mar 31, 2026) | Approximately 40% |
The introduction of the Coimbatore facility aims to improve regional supply efficiency and delivery timelines. The company plans to leverage this expansion to accelerate dealer penetration and enhance after-sales service across southern markets over the next 12 to 24 months.
Zelio E-Mobility’s operational footprint includes three existing plants: one in Ladwa, Haryana (spanning 2,63,450 sq. ft.), another in Patan, Haryana (covering 2,52,301 sq. ft.), and a plant in Cuttack, Odisha, spanning approximately 30,500 sq. ft.
Kunal Arya, Managing Director of Zelio E-Mobility, commented on the development, stating that the launch was a major milestone for the company's growth journey. He highlighted that South India is one of the most promising electric mobility markets and the facility strengthens the company’s ability to serve customers and partners with greater speed and efficiency.
The expansion follows strong financial momentum for the company. Revenue rose 81.8% year-on-year, reaching ₹ 313.68 crore in FY2025-26, and the company has maintained a revenue CAGR of 121% over the last four years while remaining profitable since its inception. Following its SME listing on BSE in October 2025, where it raised ₹ 78.34 crore, Zelio E-Mobility continues to strengthen its market presence through expanding manufacturing capabilities and maintaining a network of 400+ dealers across over 25 states, with plans to scale up to 550+ dealerships by FY27.
Stock Price Movement
As of 10:29, Zelio E Mobility Ltd. is edging higher in the market, with shares trading at ₹635.35, up 5.00%. The stock has moved intraday between a low of ₹620.00 and its current high of ₹635.35.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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