ather energy

Bengaluru-based ather energy is preparing to launch a new, more accessible electric scooter, the Ather EL01. Spotted testing, this upcoming model will rival the Bajaj Chetak and TVS iQube. It is expected to feature a practical, family-oriented design with a longer wheelbase and wider seat, positioned below the Rizta in Ather's lineup.

ather energy has launched its IPO to raise Rs 2,981 crore, featuring fresh equity shares and an Offer for Sale. The IPO proceeds will fund a new factory, debt repayment, R&D, and marketing. Analysts are positive, citing Ather's strong position in the growing electric two-wheeler market, despite reduced government subsidies.

Bengaluru-based EV manufacturer ather energy has opened its first international dealership in Kathmandu, Nepal, in partnership with Vaidya Energy.

ather energy has announced to phase out its first product, Ather 450, which was launched in 2018.

IIT-Madras born electric vehicle maker ather energy is setting up a 400,000-square-foot built-up EV manufacturing facility at Hosur in Tamil Nadu. The company has signed an MoU with the Tamil Nadu government for the investment.

Electric vehicle startup ather energy on Friday said it has raised Rs 84 crore from the country's largest two-wheeler maker Hero MotoCorp as an extension of series C round.

Indian electric scooter manufacturer ather energy on Tuesday released its first Impact Report conducted by Aspire Impact, measuring the company’s overall social, environmental, and economic impact in 2019-2020.

ather energy, the smart electric two-wheeler startup, on Friday announced it has signed an agreement with Sanmina Corporation, a leading integrated manufacturing solutions company headquartered in San Jose, California, to develop and manufacture key components designed by Ather for its maiden scooter – the Ather S340.

The partnership aims to enhance the manufacturing ecosystem to meet the strong demand for ather energy's flagship products Ather 450X and 450 Plus.

ather energy, the Indian electric two-wheeler manufacturer, recently debuted on the stock market, listing on both NSE and BSE. Ola Electric's CEO, Bhavish Aggarwal, congratulated Ather on this milestone, emphasizing the importance of collaboration in the growing Indian EV sector. Ather's CEO, Tarun Mehta, expressed excitement about building the EV space together, acknowledging the two-wheeler segment's leading role.

ather energy on Monday announced phase 2 of its expansion plan in India and it has launched the new Ather 450X in 16 more cities. The phase 2 expansion of the automaker is based on dealership requests and the volume of test ride requests received from the new markets.

ather energy, the maker of e-scooter S340, on Monday launched its charging stations for electric vehicles. For the first six months, the charging points will be available to non-Ather users as well.

ather energy’s Hosur facility in Karnataka has an installed capacity to roll out 1.1 lakh units per annum. Mehta said the Bengaluru-based firm plans to ramp up production capacity to five lakh units per annum by the end of next fiscal.

Bengaluru-based EV startup ather energy has reported a loss of Rs 846.5 crore in FY23, which is more than double its losses in the previous year. Despite increased sales and revenue, the company's expenses also rose significantly. ather energy recently raised Rs 900 crore in funding and plans to use it for product expansion and the development of charging infrastructure. The company currently has over 200 retail touchpoints and a network of over 1,500 charging grids.

Electric vehicle startup ather energy said the first phase of its plans of setting up charging grid across over 135 locations would be completed by the year-end.