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The Ather Rizta is an upcoming family electric scooter that will be manufactured by Indian Scooter company Ather Energy. [2] It was announced that the Rizta would be revealed on April 6, 2024, at the Ather Community Day 2024. Developed under codename project Diesel, [3] [4] It is slated to be the brands most mass-market model yet.
Ather Energy is an Indian electric two-wheeler manufacturer headquartered in Bangalore.It was founded by Tarun Mehta and Swapnil Jain in 2013. It currently manufactures electric scooters including the Ather 450 Apex, Ather 450S, Ather 450X, Ather 450X Pro, and Ather Rizta.
Okinawa Autotech was founded in 2015 by Jeetender Sharma, [4] a veteran of the two-wheeler automobile industry, and his wife Rupali Sharma. [5] In 2017 Okinawa Launched India's first high-speed electric scooter, the Okinawa Ridge. [6]
Wardwizard Innovations & Mobility Limited is a publicly-held electric vehicle manufacturing company based in India. It is engaged in manufacturing eco-friendly electric scooters and vehicles. It operates in the electric vehicle manufacturing sector in multiple countries, including India, Uganda, and Nepal. [1] [2] [3]
Bajaj Auto is the world's third-largest manufacturer of motorcycles and the second-largest in India. [3] It is the world's largest three-wheeler manufacturer. [ 4 ] In December 2020, Bajaj Auto crossed a market capitalisation of ₹ 1 trillion (US$12 billion), making it the world's most valuable two-wheeler company.
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Honda Motorcycle & Scooter India, Pvt. Ltd., abbreviated as HMSI, is the wholly owned Indian subsidiary of Honda Motor Company, Limited, Japan. [4] Founded in 1999, [4] it was the fourth Honda automotive venture in India, after Kinetic Honda Motor Ltd (1984–1998), Hero Honda (1984–2011) and Honda Siel Cars India (1995–2012). [5]
Honda, wanting to focus only on its independent fully owned two-wheeler subsidiary, Honda Motorcycle and Scooter India (HMSI), exited Hero Honda at a discount and get over ₹ 6,400 crore (equivalent to ₹ 140 billion or US$1.7 billion in 2023) for its stake. The discount was between 30% and 50% to the current value of Honda's stake as per the ...