ATHER NEPAL CHARGING GRID
Hero MotoCorp increases stake in Ather, buys additional shares worth Rs 140 crore
In September, the electric scooter maker had raised Rs 900 crore in fresh funding from Hero MotoCorp and GIC. Prior to that, Hero had partially led a $128-million fundraise into Ather in January 2022.
EV makers of the world, unite. It is time to ‘plug’ the differences
The issue of non-standardisation of charger connectors is becoming an issue that cannot be ignored anymore if the government wants more Indians to buy electric vehicles.
Hero MotoCorp, Ather join hands for EV charging network
Hero MotoCorp has entered into a partnership with Ather Energy to establish an interoperable fast-charging network for electric two-wheelers in India. The collaboration will enable EV users to seamlessly utilize both VIDA and AtherGrids across the country, covering 100 cities with over 1,900 fast-charging points.
Premium Indian two-wheeler EV companies eye global foray for growth
The international expansion comes as the industry saw a 25% decrease in subsidies for electric two wheelers impacting sales earlier this year though it eventually recovered.
Ather 450S HR electric scooter with 156 km range coming soon: Report
Ather Energy is reportedly developing a new electric scooter with a range of 156 km. The scooter, known as the Ather 450S HR, will feature a 3.76 kWh battery pack and is expected to have the highest range in the Ather lineup. Ather Energy recently raised INR 900 crore from existing shareholders to fund new product launches and expand its charging infrastructure and retail network.
EV firm Ather Energy's losses swell 2.5 times to reach Rs 865 cr in FY23
Ather Energy, the electric vehicle company backed by Hero MotoCorp, reported a significant increase in losses for the financial year 2022-23. The company's losses surged more than 2.5 times to reach Rs 864.5 crore, compared to Rs 344.1 crore in the previous year. Despite strong sales, Ather's total expenses more than tripled to Rs 2,670.6 crore. The company plans to use the recently raised funds of Rs 900 crore for new product launches and the expansion of its charging infrastructure and retail network. Ather Energy currently has over 200 retail touchpoints and a public fast-charging network across India.
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Ather 450S delivery starts. Here's all you need to know about the latest EV
Ather offers three years of 30,000 km warranty on the battery of 450S.
Ather Energy raises Rs 900 cr from Hero MotoCorp, GIC through rights issue
India's Ather Energy has raised Rs 9oo crore ($108.27 million) from its shareholders Hero MotoCorp and Singapore's GIC through a rights issue, the electric scooter maker said in a statement on Wednesday.
Ather to set up EV charging network at BPCL's pumps
Ravneet Phokela, chief business officer, Ather Energy, said, "This collaboration will enable us to leverage BPCL's extensive fuel station network, bringing our fast-charging Grid closer to our customers across the country. As EV adoption continues to grow, alliances like these are crucial to ensure widespread accessibility to charging infrastructure.
Ather Energy ties up with BPCL to expand charging infrastructure
Electric scooter maker Ather Energy on Friday said it has partnered with Bharat Petroleum Corporation Limited (BPCL) to expand its charging network. Through the collaboration, Ather will gain access to BPCL's network of over 21,000 fuel stations across the country, facilitating the installation of Ather's public fast-charging grid.
India aims to trade electricity with Southeast Asia: Sources
India is eyeing trading power with Southeast Asian nations using Myanmar and Thailand as its profusion of renewables capacity subsequently boosts regional diplomatic engagement. The grid linkages could take at least four years to complete, say reports citing five sources briefed on the matter. The plans follow India's efforts to begin power trading with Middle Eastern countries such as the United Arab Emirates. The Asian nation plans to boost its renewable and big hydropower capacity to 500 gigawatts by 2030, from 177 gigawatts currently.
A new report reveals how good e-scooters are for the environment
The study pitted the Ather 450x, which comes with a 2.9kW battery, with a 110 CC ICE scooter. According to Ather Energy, the report revealed a staggering 38% reduction in carbon emissions over the lifecycle of an electric scooter compared to a 110cc ICE scooter. In this report, Ather Energy has also factored in a replacement battery pack to the ICCT report.
'Government should cut subsidies on e-bikes in phased manner'
Ather Energy chief business officer Ravneet Phokela told ET. It will take about 2-3 years for original equipment manufacturers in the electric two-wheeler segment to come to a level where operations can be self-sustaining, he added.
EV companies meet officials to explain FAME-II mispricing allegations
Govt may pull the plug on EV subsidy scheme even as industry seeks an extension.
Ather Energy aims to install 2,500 charging stations by this year-end
The Ather Grid (charging station) is today the biggest fast-charging network for two-wheeler EVs in the country with 60 per cent of current installations in Tier-II and Tier-III cities, the Bengaluru-based company said in a statement.
Tamil Nadu: Ather Energy opens its second EV manufacturing facility in Hosur
Swapnil Jain, Co-Founder & CTO, Ather Energy said, “Rapid scale up is susceptible to quality issues and delivering safe and reliable products to our customers is our biggest priority while creating a vision for the plant. With deep investments and innovation done on processes and machines, this plant will help us to further strengthen our leadership in delivering quality vehicles”
Ather Energy plans to make its third plant operational by next fiscal end
The plant when completed is likely to have an installed production capacity of 10 lakh units per annum taking the total capacity of Ather Energy to over 14 lakh units per year. The company is in talks with various state governments like Maharashtra and Karnataka to set up the plant. With the commissioning of its second plant, the company's installed production capacity has gone up to 4.2 lakh units from earlier 1.2 lakh units per annum.
Ather Energy lines up aggressive expansion plan in Tamil Nadu
"Ather Energy has experienced an encouraging response from across the state for its scooters. With a high rate of EV adoption and growing acceptance for high-end electric two wheelers, Tamil Nadu is an important market for Ather Energy," chief business officer Ravneet Singh Phokela said.
Magenta ChargeGrid partners with Ather Energy to install EV charging stations
Magenta ChargeGrid has formed alliances with prominent DISCOMs across the country such as BSES, BESCOM, among others with the goal of establishing a stronger EV (Electric Vehicle) charging ecosystem.
Higher standards, more road testing of imported cells must for EV safety: Ather
The Road Transport and Highways Minister Nitin Gadkari had told Lok Sabha on Thursday that action would be taken after receiving the forensic report of the probe into the fire incidents over the last week. Gadkari also said there is 10.7 lakh registered EVs and 1,742 public stations catered to e-bikes in the country.
Ather Energy logs 12-fold increase October sales
"The festive season has been very encouraging for us as Ather Energy recorded a 12 fold growth in sales in the month of October, when compared to last year," Ather Energy CEO and Co-founder Tarun Mehta said in a statement.
BLive, Ather Energy partner to drive EV adoption at tourist places
BLive will set up 15 charging stations 'BLiive EV Zones' for Ather Energy at prominent locations across Goa by the end of this year, with five of them to come up this month.
Electric vehicle maker Ather Energy sets up fast charging network in Mumbai
Ather said it has set up 128 public fast charging points across 18 cities in the country as part of the network, which can be used by all electric two-wheelers and electric four-wheelers.
Ather Energy opens full payment window for two variants of its vehicles in Bengaluru, Chennai
Ather Energy has 37 fast charging stations in Bengaluru and 13 in Chennai and will also be installing the same at newer locations in Chennai, it said adding this phase of installations of Ather Grid will be live across over 135+ locations by December 2020 in all the 11 cities that the company has announced its presence in.
Phase 1 of EV charging grid set-up to be completed by the end of the year, says Ather Energy
In all, the company targets to install 6,500 charging points across the country by 2022. The Hero MotoCorp-backed firm currently has 150 fast charging stations pan-India, including 37 in Bengaluru and 13 in Chennai.
Ather Energy looks to install 100 charging stations by 2021
Ather Energy announced that it would begin deliveries in November for its flagship scooter Ather 450X, which belongs to the 125cc category.
After Bengaluru, Chennai Ather Energy wants to set shop pan-India
The Bengaluru-based company wants to set shop across key cities like Hyderabad, Mumbai, New Delhi, and Pune “amongst other Tier-1 cities”, it said in a statement.
Ather 450 deliveries begin in Chennai
With the fast public chargers set up by Ather, 450 owners will have charging available both at home and free charging across the city until December 2019. Ather Energy opened pre-orders in July 2019 for Chennai.
Ather Energy inaugurates new experience centre in Chennai
The company began the installation of its Ather Grid points in Chennai on May and so far has ten fast charging points.
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