Ather Energy has achieved its highest monthly dispatch numbers in October, shipping over 20,000 scooters across India. This record-setting month was fueled largely by the popularity of Ather’s newly launched family scooter, the Rizta, which accounted for about 60-70% of the month’s total volume. Ather shared this milestone in an official statement, showing their growth and increasing footprint in the electric vehicle sector.
As of October 30, Ather reported retail sales totaling 20,000 scooters, further solidifying its position in India’s rapidly growing electric vehicle (EV) market. This surge follows a strong September performance, where the company sold 12,828 vehicles. Ather’s market share also saw an impressive rise, climbing from 7.9% in July to 14.3% by the end of September, thanks to its expanding presence and popular models.
The demand for EVs in India is booming, with the sector experiencing approximately 70% growth year-over-year this October. This trend aligns with Ather’s strategy as it aims to meet the increasing demand for sustainable transportation solutions. Last month, Ather also announced plans for an initial public offering (IPO), aiming to raise ₹4,500 crore, which signals their intent to further expand operations and increase production capacity.
Currently, Ather operates 231 Experience Centres and maintains 2,500 fast-charging stations throughout India, making EV adoption easier for consumers. Ather’s main manufacturing facility is located in Hosur, Tamil Nadu, with plans underway to establish another plant in the Chatrapati Sambhaji Nagar district in Maharashtra. With these developments, Ather is positioning itself as a major player in the Indian EV landscape.
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