Popular Vehicles and Services (NSE:PVSL, BOM:544144) subsidiary Kuttukaran Cars has received four letters of intent for setting up 3S (sales, service, and spare parts) facilities for electric vehicle manufacturer Ather in Maharashtra, India.
Two of the four planned facilities will be located in Nagpur, while the other two will be set up in the cities of Chandrapur and Chhatrapati Sambhaji Nagar, according to a Wednesday filing to the Indian stock exchanges.
Each 3S Ather facility will include an experience center, a service center, and a warehouse. The operations are expected to start in the second quarter.
The company's shares were down nearly 2% in recent trade.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。