HomeAutomobileAther Energy achieves highest-ever monthly dispatches with 20,000 scooters in Oct

Ather Energy achieves highest-ever monthly dispatches with 20,000 scooters in Oct

The company currently has 231 Experience Centres and 2,500 fast charging stations across the country.

October 31, 2024 / 20:19 IST
Ather reported retail sales of 20,000 scooters across India as of October 30, the source said.

Ather Energy has recorded its highest-ever monthly dispatches in October, with over 20,000 scooters being shipped across the country, according to a source.

The recently launched family scooter, Rizta, has been a significant contributor, accounting for approximately 60 per cent-70 per cent of this month’s total volume. Ather reported retail sales of 20,000 scooters across India as of October 30, the source said. This growth follows closely on Ather’s September retail performance, where 12,828 vehicles were sold, resulting in a boost to its national market share from 7.9 per cent in July to 14.3 per cent in September, the source said.

The demand for electric vehicles in India continues to expand, with the sector recording around 70 per cent year-on-year growth in October. Last month, Ather Energy filed for an initial public offering of Rs 4,500 crore (IPO).

The company currently has 231 Experience Centres and 2,500 fast charging stations across the country. Ather has a manufacturing facility at Hosur, Tamil Nadu. It is also planning to set up another manufacturing plant in Chatrapati Sambhaji Nagar district in Maharashtra.

PTI
first published: Oct 31, 2024 08:19 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseOutskill Genai