Ather Energy to unveil new electric scooters in the next 2 years

Date:
Fri, 02 Jul 2021 07:30:59 +0000

Description:
Ather Energy expanded to Delhi today. It also confirmed portfolio expansion with new scooters and more variants in the 450 platform.

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Ather Energy today expanded its presence in India to New Delhi, following a few months of delays. At the Experience Centre opening, CEO Tarun Mehta revealed the startups future product roadmap.

The capital is one of the most conducive markets for electric vehicles in India, thanks to strong subsidies and initiatives such as Switch Delhi . With the amended structure of the FAME II policy , the Ather 450X price in Delhi
is Rs 1,32,426, while the Ather 450 Plus is priced at Rs 1,13,416.

The first Ather Space experience centre in Delhi is in Lajpat Nagar, with
four more locations coming up in the NCR in the near future. 14 fast-charging have already been set up in major locations such as Green Park, Dilshad Garden, Connaught Place and other key hotspots in Delhi, Noida, Gurugram and Ghaziabad. 30-50 more Ather Grids will be added by the end of this year. Its electric season in Dilli and were just a day away from launching Dillis
first ever Ather Space in Lajpat Nagar - see you soon! pic.twitter.com/3BRAFefPeo July 1, 2021 See more

The first quarter of 2021 was Ather Energys best one yet, with record sales figures that are 250% up, 6x more test rides at showrooms, expansion to 13 cities, 63 additional fast chargers and 32% quicker assembly. Unit profitability was also achieved for the first time with 9,200 scooters produced each month.

More interestingly, CEO Tarun Mehta talked about Ather Energys future plans. By the end of financial year 2022, 500 charging points will be set up, and by the end of FY23, the manufacturing capacity will be expanded to 5,00,000
units per anum, serving 100 cities across India.

They also confirmed that the product portfolio will be expanded to cater to other segments as well as grow the Ather 450 platform new scooters with slightly different specifications. However, an electric motorbike is not an immediate priority, at least for the next two years. Ather 450X review: everything you need to know before buying Ather Energy drives its expansion plans at a new 1,23,000 sq.ft EV factory How the FAME II policy revision will accelerate the adoption of EVs in India

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