Raptee, an electric motorcycle startup, has constructed its first facility to produce the vehicles, which will go on sale later this year. A majority of Raptee’s R&D staff will be housed on the same site as the factory, which is located in Chennai and spans 3 acres.
Raptee Energy manufacturing facility in Chennai will prove beneficial for the company
This plant, with a 1 lakh unit yearly capacity and Raptee expects to invest Rs 85 crore, will be the company’s main manufacturing facility for the ensuing 24 months. For production and future motorbike design innovation, the company intends to hire 470 workers. The manufacturing facility will have a dedicated battery pack assembly line, and the R&D center will have cutting-edge development and testing equipment that will help with future products.
Raptee‘s co-founder and CEO, Dinesh Arjun, says that the newly built plant represents a significant step forward for the company. We have found the ideal property to keep the balance for the upcoming years as we reach an inflection moment where we transition from a modest R&D outfit to a full-fledged OEM. In order to increase partnerships during this critically important time for the company, he continued, “We’ve been quite specific about having the R&D and Manufacturing teams on the same site. This required that the entire property be located inside the City. This building meets all of those criteria and will improve how we serve our consumers.
Shaji Koshy, a former senior vice president at Royal Enfield and a consultant to Raptee, officially opened the property. Koshy expressed his excitement about the factory opening by saying, “I am thrilled that such young people from Chennai have been able to come up with a remarkable technology and I would like to support this group who has the ability to create a big impact in the EV landscape in India and globally.”
The Automotive Research Association of India awarded Raptee a grant of Rs 3.27 crore at the beginning of the year. The funding was provided by the Ministry of Heavy Industries, Government of India, as part of the Capital Goods Scheme through AMTIF’s (Advance Mobility Transformation & Innovation Foundation) Industry Accelerator programme.
