Tag Archives: Ather Energy

In a significant development for Maharashtra's automotive sector, Ather Energy, a prominent electric scooter manufacturer, has announced plans to establish its third manufacturing facility in the state. Deputy Chief Minister Devendra Fadnavis revealed the decision, emphasizing the strategic choice of Aurangabad Industrial City (AURIC) for this substantial investment.

Hero MotoCorp's board has approved a substantial INR 550 crore investment in Ather Energy, an electric two-wheeler manufacturer. Ather Energy is gearing up for a pre-IPO funding round, with industry sources suggesting plans for an IPO by 2024, contingent on profitability and market conditions.