Slowly, but surely, Sangareddy district is becoming a hub of electric vehicles (EV) manufacturing industry. Being in very close proximity to Hyderabad and establishment of National Investment and Manufacturing Zone (NIMZ) near Zaheerabad has become added advantage for the district.
During last month, California based Biliti Electric Inc has announced plans to establish an electric three-wheeler factory with an estimated investment of $150 million at Pashamylaram in Patancheru mandal. Once established, in a phased manner, the industry was expected to produce about 2.4 lakh EVs a year and was stated to provide employment for about 3,000 people. It has partnered with Hyderabad-based Gayam Motor Works.
Atumobile, a city-based EV manufacturing company, which was already functioning from the Pashamyaram industrial area, started its second manufacturing unit in February 2022. With increasing demand in the market, the production capacity was increased from existing 25,000 units per annum to 3.5 lakh units per annum, according to sources.
