Ather Energy, which has Tiger Global and Indian bikemaker Hero MotoCorp as investors, has raised roughly $160 million since its creation in 2013 and is in the process of raising more, says company CEO Tarun Mehta. One of the leading electric scooter makers in India, Ather Energy is soliciting funding to increase yearly output to […]
Ather Energy logs 12-fold increase October sales – EQ Mag Pro
The company, which sells electric scooters 450X and 450 Plus, sold over 3,500 units last month. Hero MotoCorp-backed Ather Energy on Monday said it has registered a 12-fold increase in sales in October riding on festive season demand. The company, which sells electric scooters 450X and 450 Plus, sold over 3,500 units last month. “The […]
Ather starts setting up EV charging stations in Delhi ahead of July launch
In an attempt to expand its presence in major cities around the country, Bangalore-based e-mobility start-up Ather Energy which started production of its maiden electric scooter models – Ather S340 and Ather S450 – in 2018, is now ready to scale up and is eyeing breakeven by entering more markets. On January 28, the company […]
Getting into nuts and bolts of building electric vehicles to be next challenge
Component makers were expecting similar incentives to establish factories and do research and development work, as the volume of sales is negligible in the country at present Most traditional automobile manufacturers have stayed away from the electric two-wheeler segment NEW DELHI: Founders of electric vehicle (EV) startups in India have said that the raft of […]
