Ad
Ad
Electric vehicles are poised to revolutionise the two-wheeler market with the proposed expansion of production levels.
● Ather Energy focuses on the scooter segment by ramping up production levels.
● Ather Energy plans to produce more variants of the 450X and the 450 Plus electric scooters.
With fuel costs touching unprecedented heights in the country, electric scooters seem to be the perfect alternative. Ather Energy plans to tap into the EV segment by producing more variants of the 450X and 450 Plus electric scooters.
Ather Energy has the active backing of companies like Hero Moto Corp and Flipkart as it proposes to increase its annual production capacity to five lakhs from the current 1.1 lakhs. Ather Energy has its manufacturing plant at Hosur in Tamil Nadu.
Tarun Mehta, CEO of Ather Energy, opines that the coming five years are crucial. It has already committed to investing Rs 130 crores per year in its manufacturing plant for the next five years.
While the company manufactures 450X and 450 Plus versions of its electric scooters, it plans to introduce more variants from the following year. Besides, it aims to create a new electric scooter product in the next two years.
Presently, Ather feels that the focus should be more on scooters than bikes. Hence, the company could take time to enter this segment. As of date, Ather has its presence in 13 Indian cities. However, before the end of the present fiscal, the company plans to expand its footprint to 50 cities and gradually move up to 100 cities by the end of fiscal 2023.
Ather realises that charging points are crucial. At present, the EV manufacturer has 142 rapid charging points across India. However, it aims to increase the number of charging points to 500 by the end of the current fiscal 2022.
2024 Mercedes G580: First Electric G-Class Globally Revealed; Gets a Big 116 kWh Battery Pack; Check Details
Mercedes introduces the all-new electric Mercedes Benz G 580, marking a shift towards sustainable mobility. Retaining its iconic design, the SUV boasts minor aerodynamic enhancements. Powered by a 116-kWh battery, it delivers impressive performance, surpassing its ICE counterpart. With off-road capabilities and advanced features, including fast charging, the G580 sets a new standard in luxury electric SUVs. Price details are yet to be disclosed.
24-Apr-2024 07:04 PM
Read Full News2024 Mercedes G580: First Electric G-Class Globally Revealed; Gets a Big 116 kWh Battery Pack; Check Details
Mercedes introduces the all-new electric Mercedes Benz G 580, marking a shift towards sustainable mobility. Retaining its iconic design, the SUV boasts minor aerodynamic enhancements. Powered by a 116-kWh battery, it delivers impressive performance, surpassing its ICE counterpart. With off-road capabilities and advanced features, including fast charging, the G580 sets a new standard in luxury electric SUVs. Price details are yet to be disclosed.
24-Apr-2024 07:04 PM
Read Full NewsNikhil Kamath Played Important Role in Ather Energy Significant Funding with Sachin Bansal’s Divestment
earn about the instrumental role played by Nikhil Kamath in Ather Energy's significant funding, including Sachin Bansal's divestment. Visit the website to delve deeper into this success story.
24-Apr-2024 01:40 PM
Read Full NewsNikhil Kamath Played Important Role in Ather Energy Significant Funding with Sachin Bansal’s Divestment
earn about the instrumental role played by Nikhil Kamath in Ather Energy's significant funding, including Sachin Bansal's divestment. Visit the website to delve deeper into this success story.
24-Apr-2024 01:40 PM
Read Full NewsUltraviolette F77 Mach 2 Launched in India at Starting Price of Rs 2.99 Lakh
Ultraviolette's F77 Mach 2 electric bike debuts in India at Rs. 2.99 lakh (ex-showroom), boasting upgraded performance, features, and design, promising a new era in electric mobility.
24-Apr-2024 11:36 AM
Read Full NewsUltraviolette F77 Mach 2 Launched in India at Starting Price of Rs 2.99 Lakh
Ultraviolette's F77 Mach 2 electric bike debuts in India at Rs. 2.99 lakh (ex-showroom), boasting upgraded performance, features, and design, promising a new era in electric mobility.
24-Apr-2024 11:36 AM
Read Full NewsIndian Government Forms Dedicated Task Force to Boost EV Adoption; All You Need to Know
The Indian government is swiftly advancing its electric vehicle (EV) agenda by forming a dedicated task force in line with the Viksit Bharat vision. With a focus on stakeholder engagement and infrastructure development, the task force aims to draft a comprehensive roadmap for EV adoption. Various agencies are collaborating to address critical aspects such as charging infrastructure, battery swapping, and workforce development, driving India towards a sustainable mobility future.
24-Apr-2024 09:23 AM
Read Full NewsIndian Government Forms Dedicated Task Force to Boost EV Adoption; All You Need to Know
The Indian government is swiftly advancing its electric vehicle (EV) agenda by forming a dedicated task force in line with the Viksit Bharat vision. With a focus on stakeholder engagement and infrastructure development, the task force aims to draft a comprehensive roadmap for EV adoption. Various agencies are collaborating to address critical aspects such as charging infrastructure, battery swapping, and workforce development, driving India towards a sustainable mobility future.
24-Apr-2024 09:23 AM
Read Full News2024 Bajaj Pulsar 220 Arrives At Dealer Showroom
The 2024 Bajaj Pulsar 220 arrives at dealerships, featuring updated features and color schemes. With a fully digital instrument cluster and USB charging socket, it offers enhanced convenience and style.
24-Apr-2024 08:49 AM
Read Full News2024 Bajaj Pulsar 220 Arrives At Dealer Showroom
The 2024 Bajaj Pulsar 220 arrives at dealerships, featuring updated features and color schemes. With a fully digital instrument cluster and USB charging socket, it offers enhanced convenience and style.
24-Apr-2024 08:49 AM
Read Full NewsRoyal Enfield to Unveil Facelifted Classic 350 and Classic 650 Soon
Royal Enfield is set to unveil facelifted Classic 350 and Classic 650, intensifying its dominance in the motorcycle market. The updates promise enhanced features and an elevated riding experience.
24-Apr-2024 07:27 AM
Read Full NewsRoyal Enfield to Unveil Facelifted Classic 350 and Classic 650 Soon
Royal Enfield is set to unveil facelifted Classic 350 and Classic 650, intensifying its dominance in the motorcycle market. The updates promise enhanced features and an elevated riding experience.
24-Apr-2024 07:27 AM
Read Full NewsAd
Ad
Aston Martin Vantage
₹ 3.99 Cr
Ferrari Purosangue SUV
₹ 10.50 Cr
Mahindra Bolero Neo Plus
₹ 11.39 - 12.49 Lakh
Skoda Superb Facelift
₹ 54.00 Lakh
Toyota Urban Cruiser Taisor
₹ 7.73 - 13.03 Lakh
Toyota bZ4x
₹ 70.00 Lakh
MG 4
₹ 15.00 - 21.00 Lakh
Mercedes-Benz GLC Coupe 2024
₹ 65.00 Lakh
Audi Q8 2024
₹ 1.17 Cr
Nissan X-Trail
₹ 26.00 - 32.00 Lakh
Ad
Ad
Ad