Vijayawada-based electric scooter manufacturer Avera AI Mobility Pvt. Ltd. (AAMPL) announced its plan to expand with an investment of ₹100 crore to increase production from 25,000 units per annum to 1,00,000 per annum and cater to the emerging markets in Australia, Vietnam and Sri Lanka in the immediate future and to some other countries in due course.
A pilot launch is on the cards in Australia in November, AAMPL founder-CEO Akula Venkata Ramana told media persons who were on a visit to the company’s manufacturing plant at Nunna village near the city on August 19.