Zelio E-Mobility Share Price Hits 5% Upper Circuit on Opening New Manufacturing Plant in Coimbatore

Zelio E-Mobility Limited has inaugurated a new manufacturing facility in Coimbatore, Tamil Nadu, as part of its strategy to strengthen its presence in South India, as per the exchange filings. 

The new plant expands the company's production network and increases its installed manufacturing capacity by 33%, while improving regional supply chain efficiency and delivery timelines.  

New Plant Commences Operations 

The newly commissioned facility is located at Kannampalayam, Coimbatore, and commenced operations on July 13, 2026. 

Spread across approximately 39,000 sq. ft., the plant will undertake electric scooter assembly, storage, logistics and allied operations, catering to markets across Tamil Nadu, Karnataka, Kerala, Telangana, Andhra Pradesh and South Maharashtra.  

Capacity Rises to 2.4 Lakh Units 

The Coimbatore facility has an installed production and assembly capacity of 60,000 electric two-wheelers per annum. 

With the commissioning of the new plant, Zelio E-Mobility's total installed manufacturing capacity has increased from 1.8 lakh units to 2.4 lakh units annually.  

During the initial phase, the company expects to produce around 24,000-30,000 electric two-wheelers each year before gradually ramping up production.  

Supports Southern Expansion Strategy 

The company expects the new facility to strengthen dealer penetration, improve after-sales service and enhance supply chain efficiency across southern India over the next 12-24 months. 

The expansion is also expected to contribute to higher revenues, profitability, and market share in the region as demand for electric vehicles continues to grow.  

Addition of Workforce and Expanding Dealer Network 

The Coimbatore plant currently employs 30 workers and is expected to add more than 100 personnel in the coming months. 

Zelio E-Mobility currently operates a network of 400+ dealerships across 25+ states and plans to expand this to 550+ dealerships by FY27.  

Read More: BCL Industries Share Price Gains Over 10% After It Expands Bathinda Ethanol Capacity to 550 KLPD! 

Zelio E-Mobility Share Price Performance 

As of 13 July 2026, at 2:17 PM, Zelio E-Mobility share price was locked at a 5% upper circuit limit of ₹635.35 per share. 

Conclusion 

The commissioning of the Coimbatore plant marks a significant milestone in Zelio E-Mobility's expansion strategy. Besides increasing manufacturing capacity by one-third, the facility is expected to improve regional distribution, support dealer expansion and strengthen the company's position in India's fast-growing electric two-wheeler market.  

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