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.
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.
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.
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.
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.
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.
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