New Delhi: Ather Energy Electric Scooter Manufacturer will increase production, introduce new scooters and expand sales networks because they believe the road to electrification was drawn several years due to several extrinsic factors.
“Almost makes you think that someone plans this.
The price of gasoline increases and the revised government subsidies look interesting.
This is part of a greater green energy boost by the government.
I think this is interesting to the timeline for electrification for several years.
This new subsidy and all policies The one who came to India was to encourage Greener, “said the energy co-founder and Chief Executive Tarun Mehta.
The Ather Energy Hosur facility in Karnataka has an installed capacity to launch 1.1 lakh units per year.
Mehta said Bengaluru-based companies planned to increase production capacity to five lakh units per year at the next fiscal end.
The company currently produces two electric scooter products – 450x and 450 pluses.
Mehta hopes to strengthen 450 product line-ups during the next year by adding a new variant.
On Friday, Ather Energy opened a new retail outlet center in Lajpat Nagar – the first in Delhi.
Supported by people like the founders of Heromoto Corp and Flipkart Sachin and Binny Bansal, Ather’s CEO noted that the company aims to be present in 50 cities at the end of the current fiscal and expand its operations to around 100 cities at the end of FY23.
Aher is currently present in 13 cities.
Earlier this year, Aterher expanded its presence in Mumbai, Pune, Hyderabad, Kochi, Jaipur, and Ahmedabad.
Mehta noted that EV Maker wants to have around 500 fast charging points at the end of the current financial year.
At present, it has 142 fast charging points throughout the country.
With increasing subsidized fame II, Ather Energy reduces the price of its products to RS 14,500.
How Subsidies, Increase in Fuel Prices Help EVS
