EV Motorcycle Startup Raptee Opens Its First Manufacturing Plant In Chennai

EV motorcycle startup, Raptee has opened its first factory for manufacturing EV motorcycles. The factory, which is opened in Chennai, is spread across 3 acres and will house a majority of Raptee’s Research and Development team in the same campus.

Raptee plans to invest Rs 85 crore in this plant which will have an annual capacity of 1 lakh units and will serve as the primary production plant for Raptee for the next 24 months. The Company plans to employ 470 people for the manufacturing and further design innovation in their highly awaited motorcycles.

Speaking about the newly setup plant, Dinesh Arjun, Co-founder and CEO, Raptee, said, “This is a huge leap forward for us. We are at an inflection point where we move from a small R&D outfit to becoming a full blown OEM and we’ve identified the perfect property to maintain the balance for the years to come. We’ve been very particular about having the R&D and Manufacturing teams in the same campus to improve collaborations in this extremely crucial period for the company and that meant the entire property will need to be inside the City. This facility ticks all those boxes and will help service our customers better.”

Early this year Raptee received a grant of Rs 3.27 crore from the Automotive Research Association of India, a leading R&D organisation set up by the automotive industry and Government of India. The grant was given under  AMTIFs (Advance Mobility Transformation & Innovation Foundation) Industry Accelerator program as a part of the Capital Goods Scheme by the Ministry of Heavy Industries, Government of India.