Page 11 - Ather Energy
Flipkart-backed Ather Energy, Sanmina to make components for EVs in Chennai
Sanmina will also exclusively make Ather's charging system, battery management systems and dashboard at its state-of-the-art unit in Chennai
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Hero MotoCorp-backed Ather Energy to raise Rs 200 cr for e-scooter plans
Smart electric scooter start up Ather Energy, backed by two-wheeler major Hero, is looking at differentiating itself in the segment with digital support through doorstep delivery of scooters and personalised support with customer mapped to a dedicated support personnel.The company is planning to raise over Rs 200 crore to support its plan to launch first vehicle by next year. The company also set a target to sell around 20,000-30,000 units in 3-4 years. The company do not intend to restrict itself to manufacturing automobiles alone in future, said senior company official.Tarun Mehta, CEO and co-founder of Ather Energy said that functional test for company's S340, which will be company's first model, is over and it gave good results. By February the company expects to start trial production and by the middle of next year the product will be in the market."We will not compete with petrol vehicles. Our target customers are those who understand and appreciate this technology and it will ..
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Ather Energy mimics Tesla's model to sell its smart electric scooters
It is setting up its own charging infrastructure and experience zones, where users can test and order a scooter.
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