PMI Electro to manufacture electric commercial vehicles in Pune

Electric bus maker PMI Electro has announced that it is setting up its electric commercial vehicle manufacturing plant in Pune and the facility will be commissioned by August 2023. The 35-acre facility will come up in MIDC, Chakan, and employ 1500 personnel. The facility will produce 2,500 electric CVs per annum, and PMI plans to commence commercial production by October 2023. The company said that it has an order book of 1,000 electric buses under FAME-II. Pune facility will be capable to manufacture electric CVs in multiple variants and electric trucks.

PMI has a technology partnership with Chinese commercial vehicle manufacturer Foton. Incorporated in 2017, the company operates a manufacturing facility in Delhi NCR with a production capacity of about 1500 electric-buses per annum. With this expansion in Pune, the total annual manufacturing capacity of PMI will grow to 4000 electric-CVs. The location of the facility in Pune gives it access to the Nhava-Sheva port as well as the supply-chain ecosystem in Pune, along with logistical advantage to cater to the major markets in West/Central/Southern markets of the country – Maharashtra, Gujarat, Karnataka, M.P. etc – added a company release.

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