Bharat Alt Fuel (BAF), based in Chennai, has announced a Rs 250 crore investment to establish a greenfield facility in Krishnagiri, Tamil Nadu, to manufacture Electric Vehicles (EVs), batteries, and motors. This integrated facility will span 40,000 square metres and begin production in the second half of 2023. The facility will begin with a production capacity of 25,000 units and will gradually increase to 100,000 EVs over the course of the year.

According to the company, construction of the plant will begin in the fourth quarter of 2022-23 and will be partially operational by 2023. BAF will initially employ 1000 people, and once fully operational, it will employ 3000 people, including direct and indirect workers.

"Our new factory will make all the critical components, including batteries and motors," said Sorubh Kumar Bharti, Executive Director of Bharat Alt Fuel. Vehicles in the initial phase will be aimed at the Indian market, but BAF intends to export electric two-wheelers to other global markets such as Asean and Africa.

According to a press release, BAF is also in the process of signing international technology collaborations that will allow the company to bring world-class products to domestic markets.