Tag: electric vehicle

Ather Energy and Hero MotoCorp collaborate to accelerate the EV charging infrastructure in India

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Telugu super news,National, 9 December,2023: Ather Energy, a leading player in the electric vehicle (EV) segment has entered into a partnership with Hero MotoCorp, the world’s largest manufacturer of two-wheelers, to establish an interoperable fast-charging network for electric two-wheelers across India.

This strategic collaboration aims to seamlessly integrate Ather Energy’s fast charging points, AtherGrids and Hero MotoCorp’s charging stations, VIDA, covering 100 cities with a network of over 1,900 fast-charging points. The combined charging infrastructure is set to become the largest of its kind in the country, offering EV users an unparalleled and convenient ownership experience.

The Bureau of Indian Standards (BIS) recently approved Light Electric Combined Charging System (LECCS), India’s first-ever indigenously developed AC and DC Combined Charging connector standard for light electric vehicles. This combined network, which utilises the approved charging system, will be the largest EV charging ecosystem in the country. This is the first-ever interoperable fast-charging network for EV two-wheelers globally. The interoperable network will not only enhance the convenience for existing EV users but also play a pivotal role in alleviating range anxiety, making electric mobility more accessible and appealing to a broader audience.   

Ather Energy Co-founder and CTO Swapnil Jain said,“We are happy to partner with HeroMotoCorp for setting the stage for an interoperable fast-charging network. It’s a massive win for Indian OEMs to collaborate on scaling up charging infrastructure. This partnership will pave the way for consumers to access an extensive network of charging stations across the country, alleviating range anxiety. Given the technical superiority of LECCS and the fact that it was Made in India for India, we believe more OEMs will find it lucrative to adopt this standard.

Today we are also committing that any OEM which adopts the LECCS standard will have access to Ather Grid across India. With this interoperability we are already demonstrating how it is beneficial for all OEMs to be on one standard. We believe that public charging infrastructure for two-wheelers is now set for collaborative expansion.”

Customers will be able to locate and navigate to the charging stations through the “Ather App” and “My VIDA”. The interoperability will enable them to discover only compatible locations, locate their nearest charging station, view its availability, and navigate to the station.

Ather energy sold 10,056 units in October’23, registering a 30% month-on-month growth

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Telugu super news,National, 1st November, 2023:Ather energy, the renowned electric vehicle manufacturer sold 10,056 units in October’23, representing a 30% month-on-month growth. Ather, is making significant strides in expanding its reach and accessibility. Ather is set to revolutionize the electric scooter market with an impressive network of 166 Experience Centres spanning across 100 cities. Among its exciting offerings is the Ather 450S, 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.

Ather Energy has received approval from the BIS (Bureau of Indian Standards) for its recently developed indigenous charging connector. It is called the Light Electric Combined Charging System (LECCS) and can be used by two-, three-, and four-wheelers. Globally, this is the first-ever combined AC and DC charger, that has been developed in India. With the introduction of the LECCS, the eco-system could benefit from a large-scale adoption of electric vehicles. Additionally, independent charging operators, too, could benefit from this and more fast and slow charging stations could be made present across the country.

Commenting on this occasion, Ravneet Singh Phokela, Chief Business Officer, says,

“On the back of an enhanced product portfolio, we had a strong start to the festive season. We delivered 10,056 scooters to our customers, registering ~30% month-on-month growth. With Diwali just around the corner, we expect this positive momentum to continue. We continue to make strides in the charging infrastructure. Ather’s charging connector has been approved by the Bureau of Indian Standards (BIS) as the nation’s first indigenously developed standard for light electric vehicles in strong step towards making India a global leader in LEVs. We also ventured into our first international market. We are all set to open our first Experience Centre in Nepal on November 5th. Ather has also reached another significant milestone in the domestic market with the launch in Jammu, further expanding our retail presence in India to a total of 150 Experience Centres.“

Ather Energy announced plans for global expansion, to enter Nepal market in November. Ather’s retail expansion to a market outside India, comes on the back of its runaway success in the domestic market, where its 450 Series is the undisputed leader in the premium two-wheeler electric vehicle (EV) segment with a 75% market share.  The plans to export the Ather 450X also comes at a time when Nepal is shifting towards more clean mobility options. A relatively smaller market than its larger neighbours like India and China, Nepal however presents a very promising proposition for companies like Ather to understand new markets in terms of product performance and acceptability.

Also, 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.

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

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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.