logo
Ather To Reveal EL EV Platform, New Concept Models In August 2025

Ather To Reveal EL EV Platform, New Concept Models In August 2025

NDTV25-06-2025
Ather Energy has announced the third edition of its Community Day. Based on the announcement, the event will be held by the end of August 2025. Following the tradition, the electric two-wheeler manufacturer will make some major revelations at this event concerning its product. Specifically, the EV maker plans on revealing its new EL platform along with a few concept models during the event, along with a few other new updates.
The EL platform of the brand is meant to underpin new electric scooters. It uses a new powertrain and electronics, along with elements of the battery and Atherstack from the current Ather 450 platform. This platform will be used for new models meant for domestic and international markets while controlling the cost.
Chances are, the new concept models to be revealed will be underpinned by this platform. However, the brand has not divulged any details on the subject as of now. Presently, the brand's lineup consists of models based on the 450 platform.
Additionally, the Ather Community Day will see the introduction of the brand's next-generation of fast chargers. With this, the brand aims to make charging convenient and more efficient. There will also be an upgraded version of its software stack, Ather Stack 7.0. The new software is expected to bring significant tech upgrades and improvements for the electric scooters of the brand.
During the Community Day from last year, which took place on April 6, 2024, the electric two-wheeler manufacturer revealed the Ather Rizta. This was marketed as the first family scooter of the brand. They also used the opportunity to unveil the Halo smart helmet and the launch of AtherStack 6.0.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Ather Launches New Battery Subscription Plans For Rizta And 450 Scooters, Check Price Below
Ather Launches New Battery Subscription Plans For Rizta And 450 Scooters, Check Price Below

News18

time11 hours ago

  • News18

Ather Launches New Battery Subscription Plans For Rizta And 450 Scooters, Check Price Below

Last Updated: According to the details shared by the brand, customers can now enjoy reduced battery subscription costs on both models under its Battery-as-a-Service (BaaS) option. The top electric two-wheeler maker, Ather Energy, which has been receiving an overwhelming response for e-scooters lately, has added Rizta and 450 Series models under new battery subscription plans. under its Battery-as-a-Service (BaaS) option. Charges And Scooter's Price Range The company has added a flexible monthly plan for battery usage, under which it is charging Rs 1 per km per month. The Rizta and 450 Series models under BaaS program cost Rs 75,999 and Rs 84,341 (ex-showroom, Lucknow), respectively. If opting for the BaaS program, the customers can enjoy free access to Ather's New Benefits To capture the mass market under the electric two-wheeler segment, Ather has added an Assured Buyback programme as well. This allows the customers to get up to 60 percent of the scooter's value after 3 years and up to 50 percent value from the company. Extended Warranty To make it more convenient, it has also launched an 'Extended Comprehensive Warranty' of up to 5 years / 60,000 km, covering motor controller, motor, dashboard, and charger. view comments First Published: August 17, 2025, 13:16 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Electric scooter maker Ather looks to withhold claims under PM E-Drive
Electric scooter maker Ather looks to withhold claims under PM E-Drive

Business Standard

time2 days ago

  • Business Standard

Electric scooter maker Ather looks to withhold claims under PM E-Drive

Under the scheme, the government offers companies ₹5,000 per vehicle if they meet the PMP requirements for PM E-Drive Surajeet Das Gupta New Delhi Listen to This Article Indian electric scooter maker Ather Energy has become the first company to inform the Ministry of Heavy Industries it will withhold subsidy claims under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-Drive) scheme if manufacturing changes are required in approved models for reasons beyond its control. The issue stems from difficulties in meeting the phased manufacturing programme's (PMP's) localisation requirements for traction motors. Under the scheme, the government offers companies ₹5,000 per vehicle if they meet the PMP requirements for PM E-Drive. Customers will continue to receive the subsidy upfront from Ather. Based on the company's projected

As IPO frenzy cools, companies slash issue sizes to attract investors
As IPO frenzy cools, companies slash issue sizes to attract investors

Time of India

time3 days ago

  • Time of India

As IPO frenzy cools, companies slash issue sizes to attract investors

A moderation in investor optimism in 2025 has forced various companies to scale down the sizes of their Initial Public Offerings (IPO) of late. Since January, at least 15 companies, such as NSDL , JSW Cement , Ather Energy , SK Finance, Bluestone, Schloss Bangalore (Leela Hotels), Swastika Infra, and MobiKwik, among others, have pared their offer values to ensure their issues sail through amid a deluge of share sales. So far in 2025, 48 companies have raised ₹64,135 crore through IPOs. In 2024, 90 IPOs raked in ₹1,59,535 crore. "The supply of IPOs currently is too much, whether SME or main board, both have a very high supply of companies coming to list," said Priyesh Jain, founder and director at Socradamus Capital Pvt Ltd, a merchant banking firm. " So, investors have a lot of options and the liberty to choose where to invest." JSW Cement cut its offer value from ₹4,000 crore to ₹3,600 crore, Ather Energy from ₹3,100 crore to ₹2,626 crore, SK Finance from ₹2,200 crore to ₹1,600 crore, Bluestone from ₹1,000 crore to ₹820 crore, and Schloss Bangalore (Leela Hotels) from ₹5,000 crore to ₹3,500 crore. NSDL reduced the total number of shares in the offer from 5.73 crore shares to 5.01 crore. Mobikwik cut its issue size three times from an initial ₹1,900 crore in 2021, to ₹700 crore in January this year, to ₹572 crore. THE ECONOMIC TIMES Investor pushback on IPO valuations has also prompted companies to trim the offer sizes. "IPO sizes are being cut partly because valuations are not matching initial expectations, and investors are seeking a margin of safety," said Bhavesh Shah, managing director and head of Investment Banking at Equirus Capital. "This is prompting promoters to sell fewer shares than originally planned." Uncertain stock market conditions have crimped companies' ability to price IPOs aggressively, though valuations are still at a premium to long-term averages. "Institutional investors are wary of such high valuations, as shares often decline significantly within a year of listing," said Deep Shah, senior manager at Unistone Capital Pvt Ltd, a Mumbai-based merchant banking firm. "With numerous IPOs coming up, new companies struggle to command high valuations without peer comparisons." Sebi rules allow companies to increase or reduce IPO size by up to 20% between the draft prospectus and the final offer document, giving issuers room to adjust to market conditions. Companies decide the proportion of the fresh share issue versus the offer for sale depending on these factors. "Many now see IPOs not as an end game or a full monetisation event, but as the first step toward long-term value creation and partnership with new investors," said Shah of Equirus.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store