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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.
Bankrupt 2017, factory dismantled and plant sold off (but as of 2021 planning to return as LML Electric with electric scooters [74]) — India; Lohner (1950–1963), Rotax-Sachs and ILO engines; [75] Merged with the Rotax engine company to form Lohner-Rotax in 1959 — Austria; MAC (1972–1977), brand of API — India
Ola Electric was established in 2017 as a wholly-owned subsidiary of ANI Technologies, the parent entity of Ola Cabs. [10] [11] The company was started to reduce emission and fuel dependency of Ola's cabs, and shift to mass electric mobility; a pilot program was launched in Nagpur in May 2017 by setting up charging stations across the city and procuring electric cabs, e-buses, and e-rickshaws ...
Ola Electric Mobility's shares surged 20% on their trading debut in Mumbai on Friday, valuing the company at $4.8 billion, as investors bet on increasing adoption of electric vehicles in the world ...
As of November 2020, the number of electric scooters in China had reached around 300 million, with annual sales of more than 30 million units. [80] There were only 31,338 electric scooter sales outside the Asia-Pacific region including Europe. The US market is comparatively small, with an estimated 2,000 sold in 2012. [81]
Like some other legacy automakers in India, Hero has been a laggard in launching electric two-wheelers, giving startups such as Ather Energy, which is backed by Tiger Global, and Softbank Group ...
Its next electric scooter, the Okinawa Praise Pro [10] was launched in September the same year, followed by the Okinawa Lite [11] in November and the Okinawa R30 [12] in August 2019. In January 2021, the company launched its first B2B electric scooter – the Okinawa Dual [13] – with a view to propel services on wheels.
The company holds two brands: Joy e-bike and Joy e-rik. The company's range of electric scooters is assembled at its facility located in Vadodara. [7] According to The Economic Times report, Wardwizard Innovations & Mobility Limited is the first company to be listed on the Bombay Stock Exchange under the electric vehicle manufacturing category.
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