Popular Vehicles and Services Limited — Updates, 10-07-2025: Press Release

Popular Vehicles & Services’ wholly owned subsidiary, Kuttukaran Cars Pvt Ltd, has received a Letter of Intent to set up Ather EV facilities in Chennai, including an Experience Centre and a Service Centre with 5 bays servicing ~450 vehicles/month. Operations are expected to start by September, with an investment of around Rs 75 Lakhs. This move expands PVSL’s footprint in Tamil Nadu and strengthens its presence in the electric two-wheeler segment, supporting growth beyond its core Kerala market.