Page 3 - Ather Energy

Why VCs are backing newer EV start-ups despite the OATS phenomenon

Early-stage funding in the segment rose almost three times to $74 million in 2021 compared to the previous year

Electric scooter start-up Ather Energy scales up expansion in Kerala

New outlet called in Pattom, Thiruvananthapuram, provides customer support and overview of company's vehicles.

E-scooter firm Ather Energy strengthens leadership, hires two execs

Gurinder Singh Sukhija joins as head of ownership management; Murali Sashidharan to lead communications and government relations.

EV firm Ather Energy inducts former Ola executives into management team

Ather Energy inducted Ola former executives Gurinder Singh Sukhija as head of ownership management and Murali Sashidharan as head of communications and government relations

Ather Energy expands Guj retail biz; starts 1st experience centre in Surat

The new experience centre will be the brand's second retail outlet in Gujarat. The expansion is driven by strong consumer demand for the Ather 450X and 450 Plus electric scooters in the State

Ather Energy commissions second plant, to invest Rs 650 cr in 5 years

The firm sees 4x growth in bookings in the first seven months of the fiscal, claims to be the largest e-2 wheeler maker by value

Two-wheeler EV startup Ather Energy to go for IPO in 24 months

The company is targeting an annual revenue run rate of $3 billion in two years

TMS, Ep 42: Haryana's job quota, RBI-RD cheme, Ather CEO Q&A, and e-RUPI

Will Haryana's new job quota rule hurt MSMEs? Can RBI-RD scheme spur retail interest in bonds? How does Ather Energy CEO Tarun Mehta plan to take on competition in the EV space? Answers here

CEO Tarun Mehta on how Ather achieved $100-mn revenue run rate in a year

How did Ather Energy achieve $100-million annual run rate in less than a year? Its CEO Tarun Mehta discusses answer this and other questions in this exclusive interview with Surajeet Das Gupta

Ather Energy offers proprietary fast-charging connector to other EV makers

Electric scooter maker Ather Energy on Tuesday said it will offer its proprietary fast-charging connector to other EV two-wheeler manufacturers as well for faster adoption of these vehicles. This will pave the way for an interoperable two-wheeler fast charging platform in the country, it said. The move would also help in reducing range anxiety by allowing all scooters to access Ather Energy's over 200 fast chargers. At the same time, it will allow more original equipment manufacturers (OEMs) to build products on a common standard, thereby, lowering infrastructure investments, the company said in a release. Designed by Ather, the connector has a combo AC and DC charging with the same connector. Its size has been designed to be suitable for integration into two-wheelers and three-wheelers with the ability of CAN 2.0 communication with control and proximity pilot, as per the company. Moreover, the proprietary connector has been designed for production at low costs, which allows it to

Electric two-wheelers may account for 10% of sales in 2-3 yrs: Ather

In 2020-21, total two-wheeler sales in India stood at 15,119,387 units as against 17,416,432 units in 2019-20, down 13.19 per cent

Electric scooter-maker Ather Energy takes on Ola, expanding its Hosur plant

Ather's aggression comes on the heels of Ola Electric's ambitious game of investing Rs 2,400 crore to build a plant to make 10 million two-wheelers a year by 2022.

Ather Energy in expansion mode, targets to increase production

The firm is bullish over long-term growth prospects of green mobility solutions in the country

EV scooter-maker Ather Energy aims to treble capacity by end of next fiscal

Ather has invested Rs 130 crore in the plant so far, and Rs 650 crore since the launch of the company in 2013

Ola Electric's high-stakes ride: Can Aggarwal disrupt India's EV market?

By setting up massive capacities in a limited market against entrenched competition, founder Bhavish Aggarwal has his work cut out proving the sceptics wrong

Ather Energy to invest Rs 635 cr in next five years at TN facility

The firm is looking to scale up production

Hero MotoCorp-backed Ather starts making EV scooters in Tamil Nadu

The plant spreads over 400,000 sq. ft and it will manufacture electric scooters along with lithium-ion batteries

Ather Energy launches electric scooter 450X in 16 additional cities

The Hero MotoCorp-backed startup currently has presence in 11 locations across the country.

Ather Energy raises $35 mn in a funding round led by Sachin Bansal

Hero MotoCorp-backed electric two-wheeler maker Ather Energy said it has raised $35 million in a funding round led by Flipkart co-founder Sachin Bansal's investment of $23 million

Ather Energy opens full payment window for 2 variants in Bengaluru, Chennai

Electric two-wheeler startup Ather Energy opened the full payment windowfor its 125-cc 450 Plus and 450X e-scooters for the customers in Bengaluru and Chennai from Saturday. Bookings for the rest of the cities will open before Diwali, the company said in a release. The EV maker had recently announced an assured buyback scheme for the two variants of its Ather 450 model. Ather Energy has opened the full payment window for 450 Plus and 450X from October 31 and the scooters will be delivered within three weeks of payment, the company said. Along with the buyback scheme for 450X at Rs 85,000 and Rs 70,000 for 450 Plus at the end of three years, it had also announced cutting 450 Plus price by Rs 9,000 to almost Rs 1.40 lakh. Ather Energy has 37 fast charging stations in Bengaluru and 13 in Chennai and will also be installing the same at newer locations in Chennai, it said adding this phase of installations of Ather Grid will be live across over 135+ locations by December 2020 in all th