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Ather Energy is an Indian electric vehicle company that manufacturer Electric motorcycles and scooters, headquartered in Bangalore, India. 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.
The Ather 450X is an electric scooter manufactured by Ather Energy in India. It was launched in Bengaluru in September 2018. [2] [3] It is powered by a 5.4 kW (7.2 BHP) Brushless DC electric motor, and a 3.7 kWh lithium-ion battery pack. The scooter can accelerate 0–40 km/h (0–25 mph) in 3.3 seconds.
India's electric scooter market is small but growing, with e-models accounting for 5% of total scooter and motorcycle sales in the last fiscal year against a government target of 70% by 2030.
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, India's top electric scooter maker by revenue, is raising funds to ramp up annual production to one million scooters over the next three years amid a surge in demand, the startup's ...
HMC invested ₹ 205 crores (US$30.5 million) as a Series B round of funding in October 2016 and gained a 32.31% stake in Ather Energy, a start-up company manufacturing electric scooters. It invested a further ₹ 130 crores (US$19 million) in 2018. [22] HMC's share in Ather Energy has grown up to 34.58% since 2016. [23] [24]
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]
With a $275 price target (implies nearly 24% upside) on AMZN stock, shares look like a bargain as we enter the new year, with the name currently priced at $223 and change after Friday's post ...