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EV FACILITY ATHER
Ather board to consider fresh fundraise on June 12The fundraising could be undertaken through routes including a qualified institutional placement (QIP), a rights issue or other permissible...
Iran war effect: Leading EV two-wheeler makers accelerate expansion amid petrol price worriesMajor electric scooter companies are rapidly increasing production capacity. This expansion aims to meet a surge in demand for eco-friendly...
Ather Energy quarterly revenue goes past Rs 1,000 crore in Q4, riding on family scooter RiztaAther Energy achieved its best financial year in FY26. The electric two-wheeler maker sold 2.63 lakh units, a 69% jump. Revenue grew 63% to...
EV founders say PLI Auto needs an overhaul, leaves startup at a disadvantageElectric vehicle startups are pushing back against the current production-linked incentive (PLI) scheme for automobiles, arguing its string...
Startups seek digital gold rules; IT firms bet on freshersHappy Friday! The Centre may be open to creating an oversight framework for the digital gold sector. This and more in today’s ETtech Mornin...
From setbacks to second wind, what next for Ola and Bhavish Aggarwal?Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...
Ather Energy installs over 430 fast charging points in TN to promote EV adoptionAther Energy has surpassed 430 fast charging points in Tamil Nadu, spanning 38 cities, to boost EV adoption. The company also deployed Ligh...
Ather Energy’s Maharashtra facility to boost EV capacity to 1.42 millionThis expansion supports India’s growing EV demand and aligns with Ather’s plans to scale operations and strengthen its position in the comp...
Ather Energy lists losses since inception, negative cash flows as key risks to IPOAccording to the RHP, the electric two-wheeler maker could continue to incur operating losses as it invests in expanding manufacturing capa...
Ather's Maha plans: BJP leader urges CM Siddaramaiah to persuade firm to invest in KarnatakaBJP MLA Arvind Bellad urged Karnataka government to persuade Ather Energy to set up its plant in Dharwad district, expressing disappointmen...
Tamil Nadu: Ather Energy opens its second EV manufacturing facility in HosurSwapnil Jain, Co-Founder & CTO, Ather Energy said, “Rapid scale up is susceptible to quality issues and delivering safe and reliable produc...
Ather Energy sees five times jump in revenues for FY22Ather sold 23,408 units of electric scooters in FY22, a 4.2 times jump from 5,523 units sold in FY 21, according to the company’s financial...
Ather Energy to set up 1000 charging stations, to give free service to EV usersThe charging stations will come up at public places, owned by the government or its subordinate organisations and they don’t require much s...
Subsidies, tax rebates critical for faster adoption of EVs: Ather Energy"The demand for electric vehicles continues to surge ahead as consumers reap benefits offered by the FAME II subsidy and tax rebates. To ke...
Hero MotoCorp lines up Rs 420 crore fresh investment in Ather EnergyHero MotoCorp is an early investor in Ather Energy and has been a part of its growth story since 2016. The company is also exploring collab...
Ather Energy to set up its second plant within a year of opening its firstThe company said that it will invest Rs 650 crores over the next five years to increase its production capacity and improve operational eff...
Ather Energy plans to set up its 2nd manufacturing facility at Hosur, Tamil NaduWith the new facility, the company plans to manufacture 400,000 units per annum, a significant jump from its current capacity of 120,000 un...
Ather Energy to set up its second plant at Hosur, Tamil NaduOnce commissioned in 2022, the new facility will expand Ather Energy’s manufacturing capacity to 4 lakh vehicles per year from 1.20 lakh un...
Electric vehicle maker Ather Energy sets up fast charging network in MumbaiAther said it has set up 128 public fast charging points across 18 cities in the country as part of the network, which can be used by all e...
Ather Energy to invest Rs 635 cr in next five yrs at manufacturing facilityThe company, which began operations from the factory in Hosur, from January 2 this year, has achieved 90 per cent localisation of parts, in...