Latest news with #Ather450
NDTV
2 days ago
- Automotive
- NDTV
New Ather Electric Scooter Headlight Design Patent Revealed
It is no secret that Ather Energy is working on a new electric scooter, which is likely to be positioned below the Rizta, a family scooter. The new electric scooter will be more affordable than any of the current Ather models and is likely to be comfort and commuter oriented rather being sporty. Now, we have an image of the design patent of the headlight assembly of the new electric scooter, which is rectangular in shape and could likely house one or two LED projector units. The design has been billed as the 'front shroud of the vehicle'. The new headlight assembly could also have an LED lamp and is likely to get DRLs, which one can see, are bordering the rectangular headlight. What is also interesting to note that this will be the first Ather model to have a headlight on the handlebar. The 450 series and the Rizta have their headlights on the front apron and both models have a very distinct headlight design compared to the one seen in the design patent. Now, it is unlikely that the new headlight assembly will be used on a motorcycle because the cutouts where the handlebar will fit, is usually seen on scooters. Presently, prices of the Ather 450 range start at Rs. 1.20 lakh for the Ather 450 and Rs. 1.90 lakh for the 450 Apex. Prices of the Rizta start at Rs. 1.05 lakh. Expect the prices of the new Ather scooter to start below Rs. 1 lakh.
Business Standard
21-05-2025
- Automotive
- Business Standard
Ather Energy launches its 2nd Experience Centre 'Ather Space' in Indore
Ather Energy has recently launched its second Experience Centre, Ather Space, in Indore, further expanding its network in Madhya Pradesh. At the Experience Centre, enthusiasts can purchase the Ather 450 performance scooters and the Rizta, Ather's first family scooter. This Ather Space also houses an Ather Gold Service Centre, built to provide customers with a seamless and premium service experience. The Ather Gold Service Centre also offers ExpressCare service, which enables customers to complete periodic maintenance within 60 minutes, is also available here. Currently, Ather has 14 service centres in Madhya Pradesh. At the experience centre, customers can get a detailed understanding of the scooters and test ride and experience them as well. Ather currently has 2 experience centres in Indore and 18 across Madhya Pradesh. As of March 31, 2025, Ather has also established 68 Ather Grid fast chargers across Madhya Pradesh. The Ather Grid is India's widest 2-wheeler fast charging network. As of March 31, 2025, Ather has installed 3,578 Fast chargers and Neighbourhood chargers across India.
Business Upturn
21-05-2025
- Automotive
- Business Upturn
Ather Energy expands in Indore with second Experience Centre
By Aman Shukla Published on May 21, 2025, 13:25 IST Ather Energy Limited has opened its second Experience Centre, Ather Space, in Indore, strengthening its presence in Madhya Pradesh's electric two-wheeler market. The new facility allows customers to explore and purchase Ather's range of electric scooters, including the Ather 450 series and the recently launched Rizta, the company's first family-oriented scooter. In addition to showcasing products, the Experience Centre includes an Ather Gold Service Centre. This facility is designed to provide efficient maintenance services, including the ExpressCare service, which completes periodic servicing within 60 minutes. With the addition of this service centre, Ather now operates 14 service centres in Madhya Pradesh. Visitors to the Experience Centre can also test ride the scooters and gain a detailed understanding of their features and performance. Across the state, Ather now has 18 Experience Centres and has installed 68 Ather Grid fast chargers as of March 31, 2025. Nationally, Ather has deployed 3,578 Fast and Neighbourhood chargers, forming India's largest two-wheeler fast-charging network. The Rizta scooter comes in two models: Rizta S and Rizta Z. Both models offer a 2.9 kWh battery variant with an estimated range of 123 km, while the Rizta Z is also available with a 3.7 kWh battery providing a range of 159 km. The scooter includes a 56-litre storage space, comprising a 34-litre under-seat compartment and an optional 22-litre front trunk. The flat floorboard design offers extra legroom for riders. Safety features on the Rizta include SkidControl™, Fall Safe™, Emergency Stop Signal, theft and tow alerts, and a location-tracking function. These features were previously available on the Ather 450 series and now come integrated into the Rizta lineup. In terms of pricing, the Rizta S with a 2.9 kWh battery starts at INR 1,08,681 (ex-showroom Indore). The Rizta Z variants are priced at INR 1,25,681 for the 2.9 kWh version and INR 1,45,682 for the 3.7 kWh version. The Ather 450S starts at INR 1,20,524, while the 450X is available at INR 1,47,682 for the 2.9 kWh version and INR 1,57,681 for the 3.7 kWh version. The 450 Apex is priced at INR 1,90,681 (ex-showroom Indore). The launch of this second Experience Centre in Indore reflects Ather Energy's continued investment in expanding access to electric mobility solutions across Madhya Pradesh. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
India Today
06-05-2025
- Automotive
- India Today
Ather Energy gives up listing gains, slides 4% after weak debut. Hold or sell?
Electric two-wheeler maker Ather Energy ended nearly 4% lower on its market debut Tuesday, giving up early gains despite a modest listing premium. The stock opened at Rs 328 on the NSE, up 2.2% over its issue price of Rs 321, but slipped over 4% to an intraday low of Rs 308.95 amid weak market Rs 2,981-crore IPO was subscribed 1.43 times and had seen subdued demand across categories. Analysts attributed the weak performance to aggressive pricing and sector headwinds.'As expected, we see a flat listing, which was justified given the aggressive valuation—especially when benchmarked against peer OLA Electric,' said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.'The electric two-wheeler segment remains highly competitive and capital-intensive, with most players, including market leaders, still struggling to turn profitable. We recommend a 'HOLD' only for risk-taking investors comfortable with short- to medium-term volatility. Conservative investors should wait for the stock to settle at more reasonable valuations," he added that the EV 2W space remains in a high-growth but high-burn phase, with potential for sharp swings in both business performance and stock in 2013, Ather designs its scooters in-house and operates over 2,600 charging stations across 300 cities. Its product line includes the Ather 450 and the new family-focused Ather company plans to use IPO proceeds to fund a new factory in Maharashtra, repay debt, and invest in R&D. For FY24, Ather posted a net loss of Rs 1,059 crore on Rs 1,754 crore revenue, with EBITDA margins at -36%.While Ather enjoys strong brand equity and long-term growth potential, analysts caution that continued cash burn, pricing pressure, and market competition could keep the stock volatile in the near The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)
India Today
06-05-2025
- Automotive
- India Today
Ather Energy makes muted debut on Dalal Street, lists 2% above IPO price
Electric two-wheeler maker Ather Energy made a subdued debut on the stock exchanges Tuesday, listing at a modest premium of just over 2% despite being one of the most high-profile IPOs in India's EV of Ather opened at Rs 328 on the NSE, marking a 2.2% gain over the IPO price of Rs 321. On the BSE, the stock listed slightly lower at Rs 326.05, up 1.6%. The Rs 2,981-crore IPO, which ran from April 28 to 30, was subscribed 1.43 times, indicating lukewarm enthusiasm the time of listing, the Bengaluru-based company was valued at around Rs 12,144 crore, slightly below its implied market capitalisation of Rs 12,300 crore at the upper end of the IPO price band (Rs 304–Rs 321). Ahead of listing, the stock had commanded a grey market premium (GMP) of just 3%, a further sign of subdued in 2013 by Tarun Mehta and Swapnil Jain, Ather Energy is among the most recognised premium EV brands in the country. The vertically integrated company boasts its own design and tech stack, and operates Ather Grid — India's largest electric two-wheeler charging network with over 2,600 fast chargers across 300+ current portfolio includes the flagship Ather 450 and the recently launched family scooter Ather Rizta, both positioned as high-tech, performance-focused alternatives in an increasingly competitive EV IPO comprised a fresh issue of Rs 2,626 crore and an offer-for-sale of Rs 354 crore. Proceeds are earmarked for expanding manufacturing capacity via its upcoming "Factory 3.0" in Chhatrapati Sambhajinagar, repaying debt, and boosting investment in R&D and say high R&D and distribution costs, along with price wars in the EV space, have kept profitability out of reach for Ather's early-mover advantage, brand recall, and expanding capacity give it a strong base to build on. With its third factory poised to take total annual production capacity to 1.4 million units, the company is betting big on long-term demand for clean mobility.
