PMI to set up its largest electric commercial vehicle manufacturing plant in Pune

The facility will be operational by August 2023, with a capacity to produce 2,500 electric CVs per year, with commercial production commencing by October 2023.


PMI's total annual manufacturing capacity will increase to 4,000 electric-CVs.
Expansionsee photos

PMI’s total annual manufacturing capacity will increase to 4,000 electric-CVs.

Manufacturer of electric buses, PMI announced that it will set up its largest electric commercial vehicle manufacturing plant in Pune by 2023, in partnership with global commercial mobility giant, Foton. The 35-acre facility will come up at MIDC, Chakan and will employ 1,500 employees. The facility will be operational by August 2023, with a capacity to produce 2,500 electric CVs per year, with commercial production commencing by October 2023. This facility will enable electric CVs in multiple variants and electric trucks.

Read also: Piaggio and Foton sign final contract for new range of LCVs

PMI MD Satish Kumar Jain said, “It is a matter of great pride for us to lay the foundation for the next phase of our growth with the Pune factory. This will help us get closer to our dream of becoming a leading Electric Commercial Vehicle player globally while contributing to Make-in-India and Make-for-India.

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PMI operates a manufacturing facility in Delhi-NCR. (image for representational purposes only)

Read also: Ford to introduce 3 new EVs and 4 new electric CVs in Europe by 2024

0 notes

PMI also operates a manufacturing facility in Delhi-NCR with a production capacity of around 1,500 electric buses per year. With this expansion in Pune, PMI will have a total annual manufacturing capacity of 4,000 electric CVs. The location of the Pune facility gives it access to the Nhava-Sheva port as well as the supply-chain ecosystem in Pune, as well as logistical advantages to cater to the major markets of Maharashtra, Gujarat, Karnataka, MP, etc. .

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