Zelio E-Mobility opens Coimbatore plant, adds 60,000 units capacity
Zelio E-Mobility inaugurated a new manufacturing plant in Coimbatore, Tamil Nadu, increasing its total installed production capacity to 2,40,000 units per annum. The facility, built with an investment of up to ₹1 crore, will cater to southern markets and support the company's goal of surpassing 500 employees in the current financial year.

*this image is generated using AI for illustrative purposes only.
Zelio E-Mobility has inaugurated a new manufacturing plant in Coimbatore, Tamil Nadu, increasing its total installed production capacity to 2,40,000 units per annum. The new facility, located at Trichy Road, Nagiyyaan Thottam, Lakshmi Nagar Kannampalayam, adds 60,000 units of annual capacity, strengthening the company's presence in South India. The plant commenced operations on July 13, 2026, and will cater to markets including Tamil Nadu, Karnataka, Kerala, Telangana, Andhra Pradesh, and South Maharashtra.
The Coimbatore facility spans approximately 39,000 sq. ft. and is established with a capital investment of up to ₹1 crore, financed through internal accruals. During its initial phase, the plant is expected to manufacture and assemble approximately 24,000–30,000 electric two-wheelers annually. The company aims to scale production over the next 12–24 months to meet market demand and support dealer network expansion.
Prior to this expansion, Zelio E-Mobility's total installed manufacturing capacity stood at 1,80,000 units per annum with a utilization rate of approximately 40% as on March 31, 2026. The new addition represents a 33% expansion in the company's aggregate capacity. The facility currently employs 30 direct workers and is expected to contribute to the company's goal of surpassing 500 employees in the current financial year.
Capacity and Investment Details
The company provided the following details regarding the capacity addition and investment:
| Particulars: | Details |
|---|---|
| Existing Capacity: | 1,80,000 units per annum |
| Proposed Capacity Addition: | 60,000 units per annum |
| Total Capacity Post-Addition: | 2,40,000 units per annum |
| Investment Required: | Up to ₹1 crore |
| Mode of Financing: | Internal accruals |
Strategic Rationale
The expansion aims to enhance production capacity, improve regional supply efficiency, optimize logistics, and achieve greater operating leverage. Kunal Arya, Managing Director of Zelio E-Mobility, stated that the launch marks a major milestone in the company's growth journey. He emphasized that South India represents a promising market and the facility will improve supply chain responsiveness and support accelerated EV adoption.
Zelio E-Mobility's manufacturing network includes plants in Ladwa and Patan in Haryana, and Cuttack in Odisha. The company reported a revenue of ₹313.68 crore in FY2025-26, an increase of 81.8% year-on-year, and has maintained profitability since inception. Following its BSE SME listing in October 2025, the company continues to expand its dealer network, which currently spans over 400 dealers across 25+ states.
Historical Stock Returns for Zelio E-Mobility
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.00% | +13.09% | +18.97% | +96.96% | +310.27% | +310.27% |
How will Zelio address the significant gap between its new total capacity of 2.4 lakh units and its previous 40% utilization rate?
What specific market indicators in South India justify this capacity expansion despite current low utilization?
Will the company establish similar manufacturing hubs in other regions to replicate the South India supply chain model?































