Tag: electric scooter

Ather Energy sold 9,344 units in November 2023

Leave a comment

Telugu super news,National, 2nd December, 2023:Ather Energy, India’s premium electric scooter manufacturer sold 9344 units in November’23. Ather, is making significant strides in expanding its reach and accessibility. With an impressive network of 176 Experience Centres with 11 opened in november spanning across 100 cities, Ather is set to revolutionize the electric scooter market. Among its exciting offerings is the Ather 450S, hailed as one of India’s fastest and smartest scooters, available alongside the Ather 450X. The Experience Centers 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. 

In the coming years, Ather Energy is set to unveil significant announcements, notably their latest addition to the fleet, the Ather Family Scooter. This innovative vehicle promises enhanced comfort, a spacious seat, and affordability, catering to a wider audience. Ather is embracing a subtle shift towards a more traditional scooter design to align with market demands. CEO Tarun Mehta proudly announced this forthcoming model, emphasizing its consumer-oriented features. Alongside this announcement, he also shared about the upcoming Ather 450 Apex, their fastest offering yet, showcasing their commitment to innovation and advancement in the electric scooter domain.  

Commenting on this occasion, Ravneet Singh Phokela, Chief Business Officer, says, “November continues the momentum that we built in October, as we delivered 9,344 units to our customers. The EV 2-wheeler market is approaching volumes seen before subsidy revisions, and we anticipate a positive end to 2023. This month we forayed into the international market with the opening of the inaugural Experience Centre in Nepal. As we marked our 10th anniversary, we celebrated a decade of innovation by announcing the launch of two new scooters, including the Ather APEX and a family scooter set to hit the market in 2024. More is in store in December as we are gearing up for an exciting and fast-paced start to 2024.”

Ather’s expansion into international markets follows its remarkable success in the Indian domestic market, where the 450 Series has emerged as the uncontested leader in the premium electric two-wheeler segment, boasting an impressive 75% market share. The decision to export the Ather 450X aligns strategically with Nepal’s growing interest in cleaner mobility alternatives. Despite being a comparatively smaller market than its larger counterparts, India and China, Nepal presents an enticing opportunity for companies like Ather to gain insights into new markets, gauging product performance and acceptance. 

Additionally, Ather Energy has forged partnerships with prominent financial institutions such as IDFC First, Bajaj Finance, and Hero FinCorp, facilitating increased accessibility to electric vehicles (EVs). Through the provision of flexible loan tenures extending up to five years, Ather has successfully lowered the monthly EMIs for its electric scooters to as little as Rs 2,999. This forward-thinking initiative aligns seamlessly with the Indian government’s ambitious target of achieving a clean and green 2030, thus actively contributing to the realization of sustainable mobility on a national scale.

Ather energy sold 7858 units in July’23, registering a 229% year-on-year growth

Leave a comment

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.