Ather Energy ties up with government to strengthen EV manufacturing ecosystem

DPIIT has signed an MoU with Ather Energy to strengthen EV manufacturing and clean mobility ecosystem.

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Electric vehicle maker Ather Energy has signed an MoU with the Commerce Ministry to speed up growth in clean mobility and advanced manufacturing, as part of the Build in Bharat initiative led by Startup Policy Forum (SPF), a government statement said on July 29.

Shares of Ather Energy were off lows in a quiet session of trade, higher by close to a percent. Since its listing in May 2025, shares of Ather are higher by close to 14 percent.

As part of the tie up, Ather Energy will focus on 'strategic mentorship' for deep-tech startups, along with infrastructure-related support for upcoming players in the EV value chain.

The partnership will aim to accelerate the growth of clean mobility and advanced manufacturing sectors. Ather will conduct innovation programs along with DPIIT, co-hosted skill development, and participation in Startup Mahakumbh to encourage the development of the clean mobility ecosystem.

Tarun Mehta, the co-founder and CEO of Ather Energy said, “We are happy to collaborate with DPIIT to strengthen support systems for hardware and deep-tech startups. With policy support and stronger industry participation, this initiative can help founders tackle core technology challenges and scale high-quality products from India.”

The initiative is aimed at supporting India's transition towards sustainable transport and help create an enabling environment for manufacturing-focused startups.

After the MoU, Sanjiv Singh DPIIT Joint Secretary said India's electric mobility space is entering a transformative phase. “Through this partnership with Ather Energy, we aim to catalyse the development of an enabling environment where startups can contribute meaningfully to EV manufacturing, battery innovation, and clean energy solutions,” Sanjiv Singh added.

This collaboration opens up opportunities for EV startups by supporting a future-ready, self-reliant ecosystem aligned with climate goals and manufacturing-driven aspirations.

Shweta Rajpal Kohli, President and CEO, Startup Policy Forum said the partnership is vital for SPFs 'Build in Bharat' initiative, and unlocks the potential of manufacturing through collaboration.

Ather Energy narrowed its losses in the March quarter of FY25 to Rs 234.4 crore on strong demand for top-selling 'Rizta' family scooters.

Indian EV makers are gradually preparing for a future without subsidies, as the Centre plans to phase out or reduce incentives for electric vehicles, transitioning from manufacturing sops to pricing and technology. Earlier this year, Commerce Minister Piyush Goyal had said that India's EVs do not need fresh incentives. “India’s electric mobility segment is ready and set to fly. There is no need for new incentives as the existing ones are sufficient to kick-start the ecosystem,” Goyal said in January 2025.