Zelio E-Mobility Coimbatore plant to go live July 2026

Share price snapshot (12 Jul 2026)

Zelio E-Mobility’s share price was ₹605.1 as of 12 Jul 2026. The update comes at a time when the electric two- and three-wheeler maker has been outlining multiple expansion moves across manufacturing, assembly, storage, and logistics.

What Zelio E-Mobility does

Zelio E-Mobility Limited is engaged in the manufacturing, assembling and supplying of electric vehicles. Its product lineup includes electric two-wheelers (E2Ws) and three-wheelers (3Ws), offered in different designs, colours, and speed variants.

The company is described as a 100% Indian electric vehicle manufacturer, incorporated in 2021. It was founded by Neeraj Arya and Kunal Arya, and is headquartered at Shop No. 542, Auto Market, Hisar, Haryana.

Hisar manufacturing base and equipment

Zelio’s primary operating base has been its manufacturing unit in the Hisar district of Haryana. The company has described an installed capacity of 72,000 units per annum at this location for electric two-wheelers and three-wheelers.

It has also listed key equipment used in the plant, including a 32-metre conveyor line, welding machines, impact wrenches, bolt-tightening tools, and drilling tools. The site supports manufacturing and assembly work tied to its EV product supply.

Capacity expansion plans and the 2.4 lakh units claim

Zelio has communicated plans to scale up production as part of its expansion strategy. One update states the company aims to scale manufacturing capacity to 2.4 lakh units annually and expand its dealer network to over 550 outlets.

Separately, the company has also described a capacity trajectory at its existing premises as 72,000 to 1,20,000 units per annum, with the expansion described as scalable in existing premises. In another capacity update, Zelio said existing production capacity has been expanded by 70% to over 1,20,000 units per annum, and it expects 85% capacity utilisation for FY26.

Odisha facility and the February 2026 commissioning

Zelio stated that its Odisha facility commenced operations in February 2026. Another update specifically references a Cuttack plant, noting that commissioning raised annual capacity from 72,000 to 1,80,000 units, with Odisha adding 60,000 units.

The company also disclosed that Odisha added 60,000 units under an investment of under ₹3 crore. In addition, a regulatory-style line referenced an “Announcement under Regulation 30” related to capacity expansion in the existing plant and the commencement of a new manufacturing plant at Odisha.

Coimbatore plant: assembly, storage, logistics hub

Zelio’s upcoming Coimbatore, Tamil Nadu facility has been positioned as a regional hub rather than a large heavy-manufacturing unit. The plant is expected to be used for assembling electric scooters, regional storage, and logistics operations across South India.

The facility has been described as spanning about 39,000 sq. ft. Operational setup is scheduled to begin in April 2026, with commercial operations expected by July 2026.

In a company statement attributed to Kunal Arya, the objective of the Coimbatore unit was described as strengthening the manufacturing footprint in the region, streamlining the supply chain, and supporting dealer network expansion to deliver solutions faster and more efficiently.

Board approvals: lease, auditors, and credit facilities

A board meeting held on 09 March 2026 approved the establishment of a warehouse and assembly facility at Coimbatore and the execution of a lease agreement.

The board also approved the appointment of a Secretarial Auditor and Internal Auditor for FY2025-26, along with authorisation for availing and renewal of credit facilities from Banks/NBFCs.

Dealer network expansion across states

During FY26, Zelio expanded its dealer and distribution network to more than 400 dealerships across over 25 states. The company has stated a plan to expand its dealer network further to over 550 outlets.

The Coimbatore hub has been linked to this push, with the stated aim of supporting faster regional fulfilment for dealers in South India.

Key facts table

Manufacturing and assembly footprint: plants and roles

Zelio has described multiple operating locations and targets for commissioning, including a Patan facility that was targeted for commissioning by April 2026.

The company has also published a plant-wise snapshot describing how regions are served through a mix of production capacity and logistics and assembly support.

Market impact: what the updates signal

The disclosures collectively point to a strategy focused on (1) higher installed capacity, and (2) faster regional distribution through an assembly and logistics hub in the south. With the dealer network already at 400+ across 25+ states in FY26, Zelio’s stated target of 550+ outlets makes supply chain execution a central operational requirement.

Capacity numbers in the updates vary across references, including 1.2 lakh+ units per annum, 1.8 lakh units per year (including the 60,000 units from Cuttack), and a separate statement indicating capacity rising to 2.4 lakh units annually following facilities in Odisha and Tamil Nadu. Investors tracking execution may focus on commissioning milestones, stabilisation of new sites, and how the company reconciles and reports installed capacity across plants and hubs.

Conclusion

Zelio E-Mobility is set to begin commercial operations at its Coimbatore facility in July 2026, adding an assembly, storage, and logistics hub to support South India. The next key milestone is the commissioning timeline and how the expanded network and capacity plans translate into consistent production and distribution across regions.