Popular Vehicles and Services Limited — Updates, 07-02-2025: Press Release

Kuttukaran Cars Private Limited, a wholly owned subsidiary of Popular Vehicles & Services Limited, has received a Letter of Intent for establishing Ather Space 3.0 in Thiruvananthapuram, Kerala. The facility will feature an Experience Centre, Service Centre, and Warehouse, along with a servicing bay capable of handling approximately 90 vehicles per month. Operations are expected to commence by April. This expansion will enhance Popular's presence in the 2-Wheeler EV market and bolster its partnership with Ather, positioning them favorably in the region's growing electric vehicle sector. The development aligns with the company's strategy to drive sustainable growth and improve customer experience in Kerala.