Electric vehicle manufacturer Zelio E-Mobility is set to expand its manufacturing footprint with the establishment of its fourth production facility in Coimbatore, aiming to strengthen its presence in South India’s rapidly growing electric mobility market.
The upcoming plant will span approximately 39,000 square feet and will be used for the assembly of electric scooters, storage, logistics, and related operations. The operational setup of the facility is scheduled to begin in April 2026, while commercial production is expected to start by July 2026.
Commenting on the expansion, Kunal Arya said that South India represents a crucial growth corridor for the company due to the rising demand for electric mobility solutions and strong market potential in the region. He noted that the Coimbatore facility will help strengthen Zelio’s manufacturing presence, improve supply chain efficiency, and support the expansion of its dealer network, enabling faster delivery of electric mobility solutions while promoting sustainable transportation.
Currently, Zelio E-Mobility operates a pan-India manufacturing network that includes facilities in Ladwa, spread across 2,63,450 sq. ft., Patan, covering 2,52,301 sq. ft., and Cuttack, which spans around 30,500 sq. ft. These facilities support production, assembly, and regional operations for the company’s electric vehicles.
The expansion follows the company’s successful initial public offering (IPO) through which it raised ₹78.34 crore, including a fresh issue of ₹58.84 crore and an offer for sale of 11.4 lakh shares worth ₹15.50 crore. The IPO was subscribed 1.5 times overall, with strong participation from institutional as well as retail investors.
Zelio’s shares debuted on the Bombay Stock Exchange at ₹154.90 on October 8, 2025, representing a 13.9 percent premium over the issue price. Since its listing, the stock has maintained a positive trajectory. In its first reporting cycle following the SME IPO, the BSE-listed EV manufacturer reported consolidated revenue of ₹134.78 crore and a profit after tax of ₹11.87 crore for H1 FY26.
The company offers a diverse product portfolio under the ‘Zelio’ brand, including low-speed electric scooters such as X Men, X Men 2.0, Gracy i, Gracy+, Gracy Pro, Little Gracy, Eeva, Eeva ZX+, Legender, and the Logix cargo scooter, along with the Mystery high-speed model. In the three-wheeler segment, Zelio manufactures e-rickshaw models under its ‘Tanga’ brand, including Tanga Butterfly and Tanga Fine, catering to the expanding commercial and last-mile mobility market.
With a dealer network of more than 350 outlets across over 20 states and union territories, Zelio E-Mobility continues to expand its presence across both urban centres and emerging markets in India.
