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ATHER ENERGY PLANT
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 IPO: Check subscription on Day 1, GMP and other detailsAther Energy's IPO, aiming to raise nearly Rs 3,000 crore, saw a slow start with just over 12% subscription on day one, led by retail inves...
Ather Energy achieves highest-ever monthly dispatches with 20,000 scooters in OctAther Energy achieved record dispatches of over 20,000 scooters in October, driven largely by the new Rizta model, contributing 60%-70% of ...
Ather Energy’s new plant to come up in Maharashtra, confirms cofounder Swapnil JainTo be set up at an investment of Rs 2,000 crore, the electric scooter maker’s new plant will produce up to one million vehicles and battery...
Ather Energy aims to raise market share with foray into family scooter segmentElectric two-wheeler maker Ather Energy aims to boost its market share as it expands into the family scooter segment, according to a compan...
Ather's Rs 2,000 crore electric scooter plant to come up in Maharashtra's Sambhajinagar: Devendra FadnavisThis will be Ather's third manufacturing plant. The plant will produce up to one million units of vehicles and battery packs annually and c...
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...
Ather Energy plans to build third plant in Maharashtra's Aurangabad: ReportAther Energy reportedly planning to invest about Rs 1,000 crore in the plant. Spanning across 100 acres in phases, the plant will be situat...
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 plans to make its third plant operational by next fiscal endThe plant when completed is likely to have an installed production capacity of 10 lakh units per annum taking the total capacity of Ather E...
'Ather Energy on road to 5x revenue growth in FY23'In the first seven months of this financial year ended October, the Hero MotoCorp and Sachin Bansal-backed company sold about 35,480 e-scoo...
Ather Energy operationalises second plant, targets 500k units in capacity by FY24"Supplies have improved all of sudden. From a production of 2,500 units' month, we have hit a capacity of 10,000 units a month within 6-7 w...
Hero MotoCorp-backed EV maker Ather Energy in talks with states to set up third manufacturing plantElectric two-wheeler maker Ather Energy has a plant in Hosur, Tamil Nadu, with a current capacity of 1.2 lakh units per annum. The capacity...
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 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...
EV scooter-maker Ather Energy looks to treble capacity by end of next fiscalThe Hosur, Tamil Nadu based EV-maker currently has an installed capacity of a little over 1 lakh annually (9,200 units per month) but rolls...
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...
Ather Energy looks to install 100 charging stations by 2021Ather Energy announced that it would begin deliveries in November for its flagship scooter Ather 450X, which belongs to the 125cc category.
With $51m raised, Ather plans new Scooter plant and charging infraAther Energy had previously raised $63 million over four rounds from Flipkart cofounders Sachin Bansal and Binny Bansal and Hero MotoCorp a...