Ather Energy Becomes a Unicorn After $71M from NIIF
Ather Energy, an electric two-wheeler manufacturer, has secured $71 million in a recent funding round led by its existing backer, the National Investment and Infrastructure Fund (NIIF). This latest infusion of capital has elevated the company’s valuation to $1.3 billion,…
Battery Maker Amara Raja, EV firm Ather Energy ink MoU for Advanced Chemistry Cells
Battery maker Amara Raja Advanced Cell Technologies and electric vehicle maker Ather Energy have signed an MoU to develop and supply Nickel Manganese Cobalt (NMC) and Lithium Iron Phosphate (LFP) Lithium-Ion (Li-ion) as well as other advanced chemistry cells. These…
IPO-bound Ather Energy Launches its First Family Scooter ‘Rizta,’ Priced Rs 1,09,999 Onwards
Ather Energy, known for its electric two-wheelers, has introduced its latest offering, the ‘Rizta,’ marking its entry into the family scooter segment. The pre-order price for this scooter begins at Rs 1,09,999. Tarun Mehta, Co-Founder and CEO of Ather Energy,…
Ather 450S Electric Scooter Gets Massive Rs 20,000 Price Cut
Bengaluru-based electric vehicle manufacturer Ather Energy has announced a price cut on its entry-level model, the 450S. In its bid to expand its customer base and make the model a more competitive product in the market, the EV maker has…
Ather Energy announces “Ather Electric December”
Ather Energy, one of India’s leading electric scooter manufacturers in India, announced its latest initiative ‘Ather Electric December’ – a program offering lucrative cash benefits, EMI interest savings and free Extended Warranty to its customers. The program is aimed at…
Ather Energy To Launch E-scooter 450X iIn Nepal soon
Ather Energy, one of India’s leading electric vehicle companies, plans to export its flagship model 450X to Nepal by partnering with Vaidya Energy, subsidiary of Vaidya’s Organization of Industries & Trading Houses (VOITH), a leading industrial conglomerate in Nepal. Ather…
Ather Energy’s Losses Up 2.5 Times To Rs 864.5 Crore Roc Data Shows
Bengaluru-based EV startup Ather Energy has reported a loss of Rs 846.5 crore in FY23, according to the financial statements filed with the Registrar of Companies (RoC). Hero MotoCorp‘s backed Ather Energy’s losses surged over 2.5 times as compared to Rs 344.1 crore…
Ather Energy to Accelerate New Launches in India and Foreign Markets
Indian electric scooter maker Ather Energy will accelerate new model launches at home and test export markets, its chief executive told Reuters, raising new money to boost growth after the government lowered subsidies for the vehicles. India’s electric scooter market is small…
EV Startup Ather Energy Bags INR 550 Cr Funding From Hero MotoCorp
Bengaluru-based EV startup Ather Energy is raising INR 550 Cr from existing investor Hero MotoCorp. Hero MotoCorp, in an exchange filing, said it would invest up to INR 550 Cr in Ather via its rights issue by subscribing to the…
Ather Begins Dispatches Of 450S Electric Scooter
Ather Energy has started rolling out its latest electric scooter, the 450S, from its plant in Hosur. The announcement was made by company founder Tarun Mehta on his Twitter account. The 450S saw a launch in August 2023, and is currently…
