Ather energy sold 7858 units in July’23, registering a 229% year-on-year growth
Telugu super news,National, 2nd August, 2023– Ather energy, the renowned electric vehicle manufacturer sold 7858 units in July’23, representing a 229% year-on-year growth. Ather, is making significant strides in expanding its reach and accessibility. With an impressive network of 141 Experience Centres spanning across 98 cities, Ather is set to revolutionize the electric scooter market. Among its exciting offerings is the Ather 450X Pro, hailed as one of India’s quickest and smartest scooters, available alongside the Ather 450X. These Experience Centres offer potential buyers the unique opportunity to test ride any Ather vehicle, helping them determine the ideal fit for their needs before making a purchase. Ather’s customer-centric approach and innovative products continue to propel it to the forefront of the EV industry.
Commenting on this occasion, Ravneet Singh Phokela, Chief Business Officer, says,
“In July ’23, we delivered 7858 units to our customers. Post the FAME II subsidy revision in June, the EV industry saw a dip, but we already see it bouncing back. With the festive season on the anvil, the volumes are expected to grow faster. In line with this growth, we are seeing our volumes also growing and we are now gearing up for the festive season. In July, Ather registered 21% growth in sales and increased its market share from 10% to 12% compared to the previous month. We have begun taking pre-booking of our upcoming scooter – the 450S which is due for launch on August 11th. The 450S is going to take the 125cc performance scooter segment head-on with its performance and best-in-class features.”
Also, Ather Energy and BPCL have joined forces to revolutionize India’s electric vehicle (EV) landscape. This strategic partnership enables Ather to tap into BPCL’s vast network of 21,000 petrol stations, supplementing its existing 1,400 chargers in 100 cities. The collaboration seeks to introduce the fast-charging Grid, bolstering Ather’s charging infrastructure and expanding its reach to a larger user base of electric scooters. Under this alliance, BPCL will provide the necessary land and infrastructure for the charging stations, while Ather will supply the charging equipment and services. Initially launching in Bengaluru, the charging network will gradually extend to other cities in the coming months, promoting the adoption of eco-friendly transportation options.
In tandem with this, Ather Energy has partnered with top banks and NBFCs like IDFC First, Bajaj Finance, and Hero FinCorp to enhance accessibility to EVs. By offering flexible loan tenures of up to five years, the monthly EMIs for Ather electric scooters have become as low as Rs 2,999. This forward-thinking initiative aligns with the Indian government’s goal of achieving 30% electric vehicle penetration by 2030, making sustainable mobility a reality nationwide.