Latest news with #450S
Business Standard
2 days ago
- Automotive
- Business Standard
A Greener Ride for a Smarter Future - Selfspin Rentals Launches 100 Electric Two-Wheelers in Bengaluru
VMPL Bengaluru (Karnataka) [India], June 11: Selfspin Rentals proudly announces the launch of its first fleet of 100 electric two-wheelers in the Bengaluru market. This milestone marks the beginning of an ambitious expansion plan, with 1,000 electric vehicles set to be deployed across the city during the financial year 2025-26. Selfspin is backed by years of operational expertise in petrol two-wheeler and car rentals in cities like Pune, Goa, Chandigarh, and Amritsar, Selfspin is now fully committed to accelerating the shift to clean, electric mobility. This initiative is driven by strategic partnerships with India's leading EV manufacturer--ATHER ENERGY LIMITED through its authorized dealer Scooterman Automotive Private Limited, Bangalore Our Mission: A Greener Ride for a Smarter Future Driven by our motto--"Silent Rides, Smart Investments, Save Our Earth"--Selfspin Rentals is dedicated to transforming transportation by offering only electric vehicles. This commitment reflects not just a business direction, but a promise to contribute actively to a sustainable and eco-conscious future. The Selfspin Ecosystem At the core of our model lies a powerful, community-driven ecosystem: - Shared Vehicles, Smarter Access: EVs are made available to users via monthly rental subscriptions or short-term rentals. - Investor-Backed Fleet: Individual and institutional investors fund the fleet and earn monthly returns. This circular ecosystem ensures profitability and sustainability--empowering users with accessible EVs and rewarding investors with consistent income. Fleet Highlights - Ather 450 Series Featuring high-performance models like the 450X & 450S, these scooters offer cutting-edge features such as multi-mode traction control, MagicTwist™ regenerative braking, and enhanced TrueRange™ capabilities. Example: The 450X comes with delivering a certified range of up to 130 km. Investment Opportunities with their Moto of SILENT RIDES, LOUD RETURN Selfspin invites individuals, bulk investors, and organizations to participate in this electric revolution through flexible and transparent investment plans, including: - Revenue-sharing models - Fixed monthly return options Our goal is to create win-win opportunities where green mobility meets smart, reliable income. Co Founder - Akash Desale Selfspin Mobility Private Limited
&w=3840&q=100)
Business Standard
03-06-2025
- Automotive
- Business Standard
Ather Rizta crosses 100,000-unit sales within a year of market launch
Ather Energy's flagship electric scooter, the Rizta, has surpassed retail sales of 100,000 units within a year of its unveiling. Between July 2024 and April 2025, the company sold 99,691 units, requiring just 309 more sales in May 2025 to cross the milestone. Unveiled in April 2024, the Rizta officially went on sale in June 2024. Rizta drives 60% of Ather's FY2025 sales volume In the last nine months of FY2025 alone, Ather sold 89,639 units of the Rizta, accounting for approximately 60 per cent of the company's total annual sales. Ather recorded its highest-ever fiscal year sales in FY2025, with 155,405 units sold. Surpassing other models such as the Ather 450X, 450S, and 450 Apex, the Rizta has emerged as the preferred choice for electric two-wheeler buyers across India. According to Autocar Professional, 10,052 units were sold in April 2025 and another 10,000 units in May 2025. Rizta expands reach and broadens customer base 'Hitting the 1 lakh milestone with the Rizta is a big moment for us. The Rizta, which was built from the ground up with a focus on addressing the needs of Indian families, has played a key role in expanding our reach and connecting with a much wider set of customers,' said Ravneet Phokela, Chief Business Officer, Ather Energy. 'It combines practically everything a family scooter needs: a spacious and comfortable seat, ample storage, safety features, and reliability to make everyday commuting effortless; all that packaged in great design that Ather has come to be known for. In less than a year since its launch, the Rizta has helped us grow our market share significantly across multiple states, broadened our consumer profile, and accelerated adoption in states where our presence was earlier limited,' he added. Phokela further emphasised how the Rizta has helped extend Ather's reach among Indian families. Rizta helps Ather lead in South India in Q4FY25 According to the company, 'The Rizta, along with the Ather 450 series, has enabled Ather to become the number one brand in South India in Q4FY25, as per Vahan data.' Rizta features offer family-friendly functionality and safety The Ather Rizta comes with 56 litres of under-seat storage and is equipped with the SkidControl traction control system. Additional features include Tow & Theft Alert, an Emergency Stop System, and Live Location Sharing—enhancing both safety and convenience for everyday users.
