Ather Energy reaches highest monthly shipment ever with 20,000 scooters in October

Ather Energy on Thursday said it recorded its highest ever monthly shipment in October, with more than 20,000 scooters shipped across the country. The recently launched family motorcycle, the Rizta, was a major contributor, accounting for around 60-70 percent of the total volume for this month.

Ather reported sales at 20,000 stores across India as of October 30, the company said. This increase follows the strong performance of Ather’s stores in September, where 12,828 vehicles were sold, leading to an increase in national market share from 7.9 percent in July to 14.3 percent in September.

Demand for electric vehicles in India continues to grow, with the sector recording 70 percent year-on-year growth in October. Last month, Ather Energy filed for a Rs 4,500 crore initial public offering (IPO).

The company currently has 231 Experience Centers and 2,500 fast charging stations across the country. Ather has a manufacturing facility in Hosur, Tamil Nadu. It is also planning to set up another manufacturing plant in Chatrapati Sambhaji Nagar district of Maharashtra.