Zelio E-Mobility opens Coimbatore plant, lifts total capacity to 2.4 lakh units
The electric two-wheeler maker inaugurated a 39,000 sq ft Coimbatore facility with 60,000-unit annual capacity, raising total output to 2.4 lakh units. The move targets southern markets and dealer expansion to 550+ outlets, following 81.8% YoY revenue growth to ₹313.68 crore in FY25-26.
What happened
Zelio E-Mobility opened a Coimbatore electric two-wheeler plant with 60,000-unit capacity, raising total to 2.4 lakh units. The move targets southern markets,
Key facts
- 60,000 units annual capacity new plant
- 2.4 lakh units total capacity
- ₹1 crore investment
- 39,000 sq ft
- 24,000-30,000 units initial phase
- 81.8% YoY revenue growth
- ₹313.68 crore FY25-26 revenue
- 400+ dealers across 25 states
- 550+ dealerships target
Why this matters
Zelio's southern push and dealer network buildout to 550+ outlets signal a maturing EV two-wheeler player worth tracking for partnership, supply, or acquisition angles in the fast-consolidating regional mobility space.
What to watch
- Monthly VAHAN registration data for Zelio units in southern states
- Actual plant utilization rate vs 2.4 lakh capacity
- Dealer count progress toward 550+ target
- State/central EV subsidy policy changes
- FY26 gross margin trend as capacity scales
- Aggressive dealer recruitment push across South India to fill new outlets before festive season
- Model line expansion or new SKU launch to absorb added 60,000-unit capacity
- Supplier localization near Coimbatore to cut component logistics
- Possible fundraise or working-capital line to finance inventory buildout