{"id":1286905,"date":"2024-11-01T12:20:53","date_gmt":"2024-11-01T06:50:53","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1286905"},"modified":"2024-11-01T12:21:14","modified_gmt":"2024-11-01T06:51:14","slug":"ather-sells-record-20000-electric-scooters-in-october","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/ather-sells-record-20000-electric-scooters-in-october\/","title":{"rendered":"Ather Sells Record 20,000 Electric Scooters In October"},"content":{"rendered":"\n

Ather Energy hit a major milestone in October, dispatching over 20,000 scooters across India\u2014the company\u2019s highest monthly figure to date. The recent launch of the Rizta family scooter played a pivotal role, accounting for approximately 60-70% of this month\u2019s volume. By October 30, Ather’s nationwide retail sales had also reached the 20,000 mark, showcasing impressive growth over previous months.<\/p>\n\n\n\n

\"Ather<\/figure>\n\n\n\n

Rising Market Share and Growing EV Demand<\/h3>\n\n\n\n

Following a strong retail performance in September with 12,828 units sold, Ather\u2019s market share surged<\/a> from 7.9% in July to 14.3% in September, marking a substantial increase within the electric vehicle (EV) market. This growth aligns with India\u2019s expanding EV demand, which saw an impressive 70% year-on-year growth in October, reflecting rising consumer interest in sustainable transportation options.<\/p>\n\n\n\n

Expanding Infrastructure and IPO Filing<\/h3>\n\n\n\n

In addition to its growing sales figures, Ather Energy has continued to strengthen its national presence. Currently, it operates 231 Experience Centres and 2,500 fast-charging stations across the country, providing enhanced accessibility for EV users. Ather recently filed for a Rs 4,500 crore Initial Public Offering (IPO), signaling further plans to scale operations and invest in future growth.<\/p>\n\n\n\n

Manufacturing Expansion Plans<\/h3>\n\n\n\n

Ather\u2019s manufacturing facility in Hosur, Tamil Nadu, supports its production needs and helps meet increasing demand. To sustain its growth trajectory, Ather is setting up a second manufacturing plant in Chatrapati Sambhaji Nagar, Maharashtra, aimed at enhancing production capacity and supporting a growing customer base across India. This expansion highlights Ather\u2019s commitment to meeting the surging demand for electric vehicles while solidifying its presence in the Indian EV market.<\/p>\n\n\n\n

Image Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ather Energy hit a major milestone in October, dispatching over 20,000 scooters across India\u2014the company\u2019s highest monthly figure to date. The recent launch of the Rizta family scooter played a pivotal role, accounting for approximately 60-70% of this month\u2019s volume. By October 30, Ather’s nationwide retail sales had also reached the 20,000 mark, showcasing impressive […]<\/p>\n","protected":false},"author":30,"featured_media":1286914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[124],"tags":[6408],"class_list":["post-1286905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automobile","tag-ather-scooters"],"acf":[],"yoast_head":"\nAther Sells Record 20,000 Electric Scooters In October - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/ather-sells-record-20000-electric-scooters-in-october\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ather Sells Record 20,000 Electric Scooters In October - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"Ather Energy hit a major milestone in October, dispatching over 20,000 scooters across India\u2014the company\u2019s highest monthly figure to date. 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