Feb 12, 2021 08:31 PM IST
The factory is supported by the government of Tamil Nadu under its EV Policy. Apart from electric vehicle manufacturing, the facility will also focus on lithium-ion battery making which is a key area of focus for Ather Energy going ahead. The investment is an opportunity for value creation in the sector and will create job opportunities in the region. As a part of this initiative, more than 4,000 employees will be trained in requisite skills in the EV sector over the next 5 years.
- Feb 08, 2021 11:53 AM IST
The company had set up its first experience centre in Bengaluru in June 2018 and opened the second one in Chennai followed by Mumbai which was opened in January this year.
- Nov 07, 2020 02:53 PM IST
Besides Bansal, Hero MotoCorp has also invested USD 12 million as a part of the Series D round in the EV startup, according to a release.
- Oct 21, 2020 01:47 PM IST
Ather has said that customers who have already pre-booked the bike will be able to make their full payments soon. Deliveries should begin around Diwali.
- Sep 08, 2020 09:53 AM IST
The start-up aims to focus on strengthening its existing line-up instead. The pandemic has also disrupted its expansion into eight cities. Once that happens, Ather plans to roll out the 450X, India’s most expensive electric scooter, in these markets, with deliveries beginning in November
- Aug 21, 2020 11:28 AM IST
Ather Energy, maker of electric scooters, has already raised Rs 84 crore from Hero MotoCorp. Despite COVID-19 disruptions and business plans getting delayed by 3-4 months, company to stick to its 10-city expansion plan for this year.
- Jul 24, 2020 02:55 PM IST
Hero MotoCorp has been a part of Ather's growth story since 2016, when they first invested as a part of Series B.
- May 26, 2020 04:00 PM IST
Under the partnership, the Ather 450 e-scooter purchased via Bounce's website can be booked for Rs 499 and will be delivered on priority basis post the lockdown once deliveries resume, the release said.
- May 28, 2019 06:55 PM IST
To meet the projected demand in the coming years, the company is planning a new manufacturing facility which will be designed to produce 1 million vehicles a year.
- Jun 05, 2018 04:12 PM IST
The scooters have been designed with quick acceleration, high storage space and new features like park assist, remote diagnostics, and on-board navigation.
- Jun 05, 2018 03:05 PM IST
We started building electric scooters four years ago at IIT Madras and we are super excited to launch not only the Ather 340, but also our higher performance flagship variant, the Ather 450," Ather Energy Co-founder and CEO Tarun Mehta said in a statement.
- Jun 03, 2018 11:50 AM IST
The Bengaluru-based firm, which is backed by investors like Hero MotoCorp, Tiger Global, and Flipkart founders Sachin and Binny Bansal, was founded in 2013 by IIT graduates Tarun Mehta and Swapnil Jain.
- Jun 20, 2017 02:15 PM IST
- May 11, 2017 10:17 AM IST
The maker of smart electric scooter, Ather Energy is looking to install charging stations in high-density areas like offices, malls, multiplexes, restaurants and business hubs ahead of its smart electric scooter S340 launch in 2018.
- Feb 23, 2016 08:30 PM IST
"With a manufacturing unit set up in Bengaluru, S340 will be a great showcase of a product truly made in India and will roll out by end of this year," the company's CEO and Co-Founder Tarun Mehta told PTI.